ALB | Albemarle Corporation

Today
0.00
%
$
237.51
Beginners
Industrial

About Albemarle Corporation

Albemarle Corporation develops, manufactures and markets specialty chemicals around the world. Learn the latest information and analysis on the company, ALB stock price today, stock news, how much one share costs and other information to help you make investment decisions. 

Albemarle’s main business is in three divisions: lithium, bromine, and catalysts. The company owns production, resources, and other assets in Nevada, Chile, China, Australia, and other countries, which makes it an important global player. 

It is one of the largest producers of lithium, which is a key component in batteries, including for electric vehicles. The lithium operations accounted for 42% of the company’s revenues in 2021. The company is also one of the world leaders in the production of fire resistant chemicals.

The Albemarle stock price soared 150% in 2021, partly due to the company’s Chinese investments in lithium conversion capacity. Even though the stock price started falling towards the end of the year after reaching all-time highs of $291 and consequently fell down to $170 in March, it has shown strong recovery and currently trades at $239 as of May 2022, which may still be a good entry point for further growth.

Check out Gainy to see insights on stock prices and more.

Check back to this page for the ALB stock quote or download Gainy to see if Albemarle fits your portfolio, interests, and investment goals, get other stock quotes and recommendations.

Market Data

Market
Capitalization
$
27.46B
30 days price change
19.68
%
Revenue Growth
Quarterly, YoY
36.00
%
Volume, Today
410.34K
EV/S
8.18
%
Net Profit Margin
TTM, ANNUAL
7.76%

Ratings

3.71
bullish
Very bullish
Neutral
Bearish
Very Bearish
Very bullish
10
Bullish
2
Neutral
9
Bearish
1
Very Bearish
2
Price Target
$
262.48
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