Westlake Chemical Corporation (WLK) - FREE Research Report

Blakely Robert T who is Director at Westlake Chemical Corporation sold 2,534 shares at $112.21 on Nov. 27, 2013. Following this transaction, the Director owned 8,806 shares meaning that the stake was reduced by 22.35% with the 2,534 share transaction.

The shares most recently traded at $114.03, up $1.82, or 1.6% since the insider transaction. Historical insider transactions for Westlake Chemical Corporation go as follows:

  • 4-Week # shares sold: 2,534
  • 12-Week # shares sold: 2,534
  • 24-Week # shares sold: 8,464

The average volume for Westlake Chemical Corporation has been 369,300 shares per day over the past 30 days. Westlake Chemical Corporation has a market cap of $7.6 billion and is part of the basic materials sector and chemicals industry. Shares are up 43.43% year to date as of the close of trading on Wednesday.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates in two segments, Olefins and Vinyls. The stock currently has a dividend yield of 0.79%. The company has a P/E ratio of 14.3. Currently there are 2 analysts that rate Westlake Chemical Corporation a buy, 2 analysts rate it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on WLK - FREE

TheStreet Quant Ratings rates Westlake Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Westlake Chemical Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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