Group Specialty's Struggles: Lose -6.94% in 1 Week! $GLW, $CC, $RYAM, $OLN, $SCSC and More!
Group Specialty Stocks Plunge by -6.94% in One Week - Strong Sell Signals!
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Introduction:
In the fast-paced world of trading, staying ahead of the curve is crucial. Recent market movements have sent shockwaves through various sectors, and today, we'll be focusing on one group in particular - Group Specialty. This group has experienced a substantial -6.94% loss in just one week. We'll delve into the key factors influencing this decline and explore notable companies within this sector.
Tickers in This Group:
$KWR, $BCPC, $GLW, $CRS, $OLN, $ROG, $SCSC, $CC, $RYAM, $NGVT and $ECVT
Industry Description:
The Group Specialty sector encompasses a diverse range of companies with specialized focuses. These companies cater to niche markets, offering unique products and services. This sector's diversity can make it susceptible to rapid market shifts.
Market Cap:
Within the Group Specialty sector, market capitalization varies significantly. The average market cap for this group is approximately 5 billion dollars, with valuations ranging from 205.2 million dollars to a staggering 26.8 billion dollars. Corning (NYSE: GLW) holds the highest market cap in this group at 26.8 billion dollars, while RYAM is valued at the lowest, with a market cap of 205.2 million dollars.
High and Low Price Notable News:
Recent price movements have been tumultuous for Group Specialty stocks. On average, these stocks experienced a weekly price decline of -6.94%. Looking further back, the monthly average price growth was -4.27%, and the quarterly growth averaged at -6.49%. Among the notable performers, Olin (OLN) faced a -5.64% decline this week, while Chemours Company (The) (CC) took a hit with a -7.15% decrease.
Volume:
Trading volume plays a significant role in understanding market sentiment. On average, weekly trading volume across Group Specialty stocks grew by 13.71%. However, the monthly and quarterly averages revealed decreases of -4.21% and -9.94%, respectively. This suggests a mixed bag of investor activity.
Fundamental Analysis Ratings:
Let's assess the fundamentals of these stocks:
- Valuation Rating: 61
- P/E Growth Rating: 50
- Price Growth Rating: 65
- SMR Rating: 69
- Profit Risk Rating: 79
- Seasonality Score: -23
Notable Ticker Descriptions:
Now, let's take a closer look at some notable companies within this group:
-
$GLW - Corning (NYSE: GLW)
- Corning, with a market cap of 26.8 billion dollars, is a significant player in the Group Specialty sector. However, it experienced recent challenges, contributing to the group's overall negative outlook.
-
$CC - Chemours Company (The) (NYSE: CC)
- Chemours Company, valued in the billions, is another notable company facing headwinds within this sector.
-
$RYAM - Rayonier Advanced Materials (NYSE: RYAM)
- Despite being on the lower end of market capitalization at 205.2 million dollars, RYAM managed to buck the trend with a weekly gain of +5.62%.
The Group Specialty sector has faced a challenging week with a -6.94% loss. Factors such as market sentiment, price movements, and fundamental ratings all contribute to the negative outlook for this group. As investors, it's essential to stay informed about these developments and carefully consider your trading strategies within this sector.
KWR in upward trend: price expected to rise as it breaks its lower Bollinger Band on September 09, 2024
KWR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 43 cases where KWR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company, which engages in the business of developing, producing and marketing formulated chemical specialty products
Industry ChemicalsSpecialty