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) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.1%. By the end of trading, Ashland rose $1.13 (1.2%) to $92.48 on average volume. Throughout the day, 701,252 shares of Ashland exchanged hands as compared to its average daily volume of 593,700 shares. The stock ranged in a price between $90.21-$92.92 after having opened the day at $90.77 as compared to the previous trading day's close of $91.35. Other companies within the Chemicals industry that increased today were:
), up 6.3%,
), up 5.7%,
), up 4.8% and
), up 4.2%.
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Ashland Inc., a specialty chemical company, provides specialty chemicals, technologies, and insights for customer needs worldwide. It operates through four segments: Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials, and Ashland Consumer Markets. Ashland has a market cap of $7.1 billion and is part of the basic materials sector. Shares are up 14.4% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Ashland a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Ashland Ratings Report.
On the negative front,
), down 6.4%,
), down 4.2%,
), down 3.3% and
), down 2.8% , were all laggards within the chemicals industry with
) being today's chemicals industry laggard.
- Use our chemicals section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
) while those bearish on the chemicals industry could consider
- Find other investment ideas from our top rated ETFs lists.