The Dow Chemical Company (NYSE:DOW) [Trend Analysis] regains street interests, as shares raised 0.57% on Friday and it traded at $51.54. The 52-week high of the share price is -8.12% and 52-week low of the share price is 50.93%.
Stockholders of The Dow Chemical Company (DOW) elected Ajay Banga, Jacqueline K. Barton, James A. Bell, Richard Davis, Jeff M. Fettig, Mark Loughridge, Andrew N. Liveris, Raymond J. Milchovich, Robert S. (Steve) Miller, Paul Polman, Dennis H. Reilley, James M. Ringler and Ruth G. Shaw to the Company’s Board of Directors for one-year terms during the Company’s 119th Annual Meeting.
Stockholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditor for 2016. In other business, preliminary voting results indicate that stockholders have approved an advisory vote on executive compensation and a stockholder-sponsored proposal regarding proxy access.
Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 2.00 as compared to its debt to equity ratio stands at 0.79. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 104.80%. Investors looking further ahead will note that the Price to next year’s EPS is 13.86%.
Major bullish and bearish trends reflect in rating research, from pool of WSJ analyst gave 67.00 as a highest price target, medium point hits to 57.50, while the lowest share price targets assigned 52.00. The data compelled by Wall Street Journal average suggest average price target would by 59.00, where as current price stood at 51.54.
Moderately analysts issue miscellaneous recommendation for DOW, as 11 experts rated as “BUY” security, 2 analyst have faith on stocks as “Overweight,” moreover 7 experts rated as “Hold”.
As for as concerns shares volumes, in share capital The Dow Chemical Company (NYSE:DOW) has 1116.02 million outstanding shares among them 1116.02 million shares have been floated in market exchange. The firm’s institutional ownership remained 69.70% while insider ownership included 0.20%.
The stock showed weekly upbeat performance of 1.36%, which maintained for the month at -1.28%. Likewise the positive performance for the quarter recorded as 16.08% and for the year was 5.29%, while the YTD performance remained at 1.02%.