Westlake Chemical Corp (WLK) is Trading Lower on Unusual Volume for January 07

Equities Staff |

Westlake Chemical Corp (WLK) experienced unusually high volume on Jan. 07, as the stock lost 5.02% to a closing price of $48.01. The stock saw 840,039 shares trade hands over the course of the day on 8,447 trades. Given that the stock’s average daily volume over the last month has been 557,245 shares a day, this represents a pretty substantial spike over the norm.

Westlake Chemical Corp has a P/B ratio of 1.95. It also has a P/E ratio of 9.3. The stock has traded between $79.25 and $49.26 over the last 52-weeks, its 50-day SMA is now $57.34, and its 200-day SMA $62.69.

Westlake Chemical Corp is a manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products. The Company operates in two principal business segments, Olefins and Vinyls.

Headquartered in Houston, TX, Westlake Chemical Corp has 3,550 employees and is currently under the leadership of CEO Albert Chao.

For a complete fundamental analysis analysis of Westlake Chemical Corp, check out Equities.com’s Stock Valuation Analysis report for WLK. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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