Ashland Global specialty chemicals is an American company falling under the chemical industry. It has been operating since 1924 and serving people with its products. It operates in more than 100 countries today with 6500+ employees. The net income and revenue of the company as recorded in 2016 was 29 million USD and 4.948 billion USD respectively. Total saints and equity of the company in 2016 was 3.16 billion USD and 57 million USD respectively. ASH deals in chemicals, plastics and other similar products. Ashland currently has five owned divisions namely chemical intermediates, industrial specialties, personal and home care, food & beverages and agriculture. Until 2017, Ashland’s only manufactured Valvoline which is an American distributor.
Recently in 2019, ASH announced that their new chairman and CEO would be Guillermo Novo who would succeed Wolfson. Going a little back, ASH in January 2019 made a deal with activist Cruiser Capital Advisor to plan a proxy fight for replacing board directors. In 2017, ASH was involved primarily in its Valvoline business and separated it as Valvoline.Inc. in 2014 a private equity buyer bought Ashland water technologies. The history of ASH tells how it has evolved over the years by actively delivering its services.
Ashland’s Global chemicals financials and stocks
From an investor’s point of view stock, information and company financials are the key thing to know before trading. Below is a little stock detail of the company from NYSE: ASH at https://www.webull.com/quote/nyse-ash.
52 week high-81.82
52 week low-38.88
Open-76.59
Low-75.36
High-77.09
Market capital-4.64 B
TTM- -10.0511
Previous close-77.01
volume-161.36k
The market analysis by 11 analysts suggest the following
Buying of stocks-63.64%
Strongly buy the stocks-18.18%
Stocks hold-18.18%
Underperforming stocks-0.00%
Sell stocks-0.00%
As per price target analysis, the average stock price target is 89.67 with,
High-106.00
Low -78.00
Ashland Global news
Below is the ASH dividend summary
Dividend yield– 1.43%
Annual payout- 1.10 USD
Payout ratio– 42.79%
5-year growth rate– 10.06%
Dividend growth– 5 years
The details can change every day with a change in stock price. Investors can stay updated with info from NYSE: ASH regularly. The data here is statistical and pictorials for a quick overview of company happenings. Browse NYSE before investing at trading platform.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.