Albemarle ALB
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Albemarle (ALB) Business Model and Operations Summary
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
Key Insights
Albemarle (ALB) Core Market Data and Business Metrics
Latest Closing Price
$72.25Market Cap
$8.50 BillionPrice-Earnings Ratio
-4.32Total Outstanding Shares
117.57 Million SharesTotal Employees
8,300Dividend
$0.41 Per Share QuarterlyIPO Date
February 22, 1994SIC Description
Plastic Materials, Synth Resins & Nonvulcan ElastomersPrimary Exchange
New York Stock ExchangeHeadquarters
4250 Congress Street, Charlotte, NC, 28209
Historical Stock Splits
If you bought 1 share of ALB before March 2, 2007, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| March 2, 2007 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 3,158,347 Shares | 4.04 | 3/14/2025 | 12,751,247 Shares |
| 2,559,234 Shares | 4.69 | 2/28/2025 | 12,012,540 Shares |
| 3,103,555 Shares | 3.62 | 2/14/2025 | 11,245,487 Shares |
| 2,270,016 Shares | 5.8 | 1/31/2025 | 13,160,204 Shares |
| 2,079,519 Shares | 6.32 | 1/15/2025 | 13,151,195 Shares |
| 1,864,010 Shares | 7.09 | 12/31/2024 | 13,218,998 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-2.31 Billion |
| Net Cash Flow From Operating Activities | $603.17 Million |
| Net Cash Flow From Investing Activities, Continuing | $-2.31 Billion |
| Exchange Gains/Losses | $40.21 Million |
| Net Cash Flow From Operating Activities, Continuing | $603.17 Million |
| Net Cash Flow From Financing Activities, Continuing | $1.73 Billion |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Revenues | $6.50 Billion |
| Basic Average Shares | $117.52 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $48.54 Million |
| Selling, General, and Administrative Expenses | $685.50 Million |
| Net Income/Loss Attributable To Parent | $-1.87 Billion |
| Diluted Earnings Per Share | $-16.73 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $231.52 Million |
| Comprehensive Income/Loss | $-1.59 Billion |
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $314,000 |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $48.86 Million |
| Comprehensive Income/Loss Attributable To Parent | $-1.64 Billion |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Current Assets | $2.94 Billion |
| Current Liabilities | $1.91 Billion |
| Assets | $17.46 Billion |
| Fixed Assets | $9.26 Billion |
| Noncurrent Assets | $12.79 Billion |
| Equity Attributable To Parent | $10.24 Billion |
Historical Dividends
Current dividend: $0.41 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 27, 2025 | Apr 1, 2025 | Mar 14, 2025 | $0.405 | Quarterly |
| Oct 28, 2024 | Jan 2, 2025 | Dec 13, 2024 | $0.405 | Quarterly |
| Jul 16, 2024 | Oct 1, 2024 | Sep 13, 2024 | $0.405 | Quarterly |
| May 7, 2024 | Jul 1, 2024 | Jun 14, 2024 | $0.4 | Quarterly |
| Feb 22, 2024 | Apr 1, 2024 | Mar 15, 2024 | $0.4 | Quarterly |
| Oct 23, 2023 | Jan 2, 2024 | Dec 15, 2023 | $0.4 | Quarterly |