GRA - Watch for Continued Gains in Shares of W.R. Grace & Co. (GRA)

Shares of W.R. Grace & Co. (NYSE:GRA) traded today at $65.17, eclipsing its 52-week high. Approximately 280,000 shares have changed hands today, as compared to an average 30-day volume of 460,000 shares.

Based on a current price of $63.82, W.R. Grace & Co. is currently 2.1% above its average consensus analyst price target of $62.47.

W R Grace & Co, through its subsidiaries, makes and sells chemicals and silica-based materials used in refining, pharma, chemical manufacturing, coating, and various chemical process applications. The company has two reportable business segments: Grace catalysts technologies and Grace material technologies. Most of the company's revenue is generated by the Grace catalysts technologies segment from the sale of oil refining catalysts and catalysts used in petrochemical, refining, and other chemical manufacturing applications, and more than half of the revenue is earned in North America and Europe, Middle East, and Africa.

In the past 52 weeks, W.R. Grace & Co. share prices are bracketed by a low of $35.28 and a high of $65.17 and is now at $63.82, 81% above that low price.

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