Dow Chemical (DOW, Financial) experienced a significant stock movement with shares plunging 5.00%. The stock is currently valued at $46.46 with a trading volume of 5.384 million shares and a turnover rate of 0.77%. The stock's amplitude is 4.34%.
According to the recent financial report, Dow Chemical reported a revenue of $10.879 billion, a net profit of $211 million, and earnings per share of $0.30. The gross profit stood at $975 million, with a price-to-earnings ratio of 31. Among 25 institutions providing ratings, 20% suggest a buy, 80% recommend holding, and none advise selling.
Within the chemical products sector, where Dow operates, an overall decline of 2.40% is observed. Notedly, Wally Chemical, Gulf Resources, and Origin Materials, Inc. showed notable gains. Meanwhile, Asp Isotopes Inc., Olin, and Celanese showed considerable trading activity with turnover rates of 2.53%, 2.22%, and 1.36%, respectively. Gulf Resources, Asp Isotopes Inc., and Olin also displayed significant price amplitude at 11.61%, 7.49%, and 5.73%.
Dow Chemical is a diversified global chemical producer established in 2019, following the Dow and DuPont merger and subsequent split. The company is a leading manufacturer of various chemicals such as polyethylene, ethylene oxide, and silicone rubber, widely used in consumer and industrial markets.
