|Bid||263.08 x 1000|
|Ask||263.44 x 1100|
|Day's range||261.26 - 275.96|
|52-week range||130.76 - 291.48|
|Beta (5Y monthly)||1.55|
|PE ratio (TTM)||78.15|
|Forward dividend & yield||1.56 (0.89%)|
|Ex-dividend date||10 Jun 2021|
|1y target est||N/A|
CC vs. ALB: Which Stock Is the Better Value Option?
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
Why should you invest in lithium stocks? According to Albemarle's (NYSE: ALB) latest investor presentation, global demand for lithium carbonate equivalent (LCE) is projected to grow more than eightfold from just about 0.3 million metric tons in 2020 to 2.5 million metric tons by 2030, driven almost entirely by demand for battery-grade lithium. LCE is the standard unit of measurement in the lithium industry, and Albemarle is the world's largest lithium mining company.