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Active Movers Of The Basic Materials Sector – Sherwin-Williams Company (NYSE:SHW), Chemtura Corp (NYSE:CHMT)

on 22/04/2013

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The worthwhile stocks of the Specialty Chemicals industry of the Basic Materials sector are in today’s spotlight, which scored heavy volume. The active stocks were Sherwin-Williams Company (NYSE:SHW) and Chemtura Corp (NYSE:CHMT), which gained traders attention mainly due to superb trade during the last trading session.

Sherwin-Williams Company (NYSE:SHW) unveiled that its board of directors has approved a standard quarterly dividend of 0.50 per common share. SHW will pay this dividend, on May 31, 2013, to shareholders of the company of record on May 17, 2013.

Is SHW a Solid Investment at These Levels? Read This Report For Details

Basic Materials sector stock, Sherwin-Williams Company (NYSE:SHW), during the previous trading session the stock showed a positive movement of 2.38%. Currently, the company has a market capitalization of $18.51 billion. Stock’s closing price was $179.04, while it started its day-trade at $175.00. Its 52-week price range was $114.68 – $179.81.

SHW traded with volume of 1,541,000 shares, while its average trading remained 762,525.00 shares. If we look at the previous 5 day’s performance of the stock, it remained optimistic with the gain of 4.86%.

How Should Investors Trade SHW Now? Don’t Miss out on a Special Trend Analysis

Chemtura Corp (NYSE:CHMT) revealed that, in New York City, on Tuesday, May 7, 2013,  the chairman, president and CEO of the company, Craig Rogerson and vice president, Investor Relations and treasurer, Dalip Puri, will at Barclays’ Select Series 2013: Chemical ROC Stars Conference at Barclays, 745 Seventh Avenue, from 8 a.m. to 4 p.m. EDT.

What CHMT’s Charts Are Signaling for Traders? Find Out Here

Another Specialty Chemicals company, Chemtura Corp (NYSE:CHMT) opened at the price of $19.71, whereas its previous closing price was recorded at $19.70. Company’s total market capitalization stands at $1.93 billion along with 98.00 million outstanding shares.

CHMT traded within the range of $19.60 – $19.95 for the day. The 52 week range of the stock remained in between $12.55 – $24.51. Total volume of the stock was 1,453,400 shares during last trade, while its average volume is 670,292.00 shares. Its 52-week price range was $12.55 – $24.51.

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Source: smartotc Posted Mon, April 22, 2013 15:02 - Permalink