Previous Close | 218.16 |
Open | 223.00 |
Bid | 220.50 x 1100 |
Ask | 227.00 x 1200 |
Day's Range | 218.56 - 224.71 |
52 Week Range | 185.15 - 334.55 |
Volume | |
Avg. Volume | 1,684,273 |
Market Cap | 26.296B |
Beta (5Y Monthly) | 1.58 |
PE Ratio (TTM) | 63.77 |
EPS (TTM) | 3.52 |
Earnings Date | May 02, 2023 - May 08, 2023 |
Forward Dividend & Yield | 1.58 (0.59%) |
Ex-Dividend Date | Dec 15, 2022 |
1y Target Est | 311.88 |
Albemarle (ALB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
(Bloomberg) -- Albemarle Corp., the world’s top lithium producer, has had its A$5.5 billion ($3.7 billion) cash offer for Liontown Resources Ltd rejected by the Australian developer, sending shares in the target up almost 70% and fueling expectations of wider consolidation.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBanks in France Face More Than $1.1 Billion Fines After RaidsMarkets Are Wrong on US Rate-Cut Bets, Black
Albemarle Corporation (NYSE: ALB), a global leader in transforming lithium and bromine into essential ingredients for mobility, energy, connectivity and health, notes the announcement to the ASX by Liontown Resources (ASX: LTR) on March 28, 2023, and confirms that it submitted a non-binding proposal to acquire all outstanding shares of Liontown by way of scheme of arrangement for A$2.50 or US$1.661 per share in cash, which values Liontown at A$5.2 or US$3.4 billion on an enterprise basis.