Ashland Global Holdings Inc. (NYSE:ASH) traded at a new 52-week high today of $92.63. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 355,000 shares.
Ashland Global Holdings Inc. has overhead space with shares priced $92.31, or 1.8% below the average consensus analyst price target of $93.97.
Ashland Global Holdings Inc. share prices have moved between a 52-week high of $92.63 and a 52-week low of $53.54 and are now trading 72% above that low price at $92.31 per share.
Ashland Global Holdings Inc manufactures and sells a variety of specialty chemicals. The company organizes itself into three segments based on product type. The Specialty Ingredients segment, which generates the most revenue of any segment, sells cellulose ethers, vinyl pyrrolidones, and biofunctionals. Segment customers include pharmaceutical companies and manufacturers of personal care products, food and beverages, paint, coatings, and construction materials. The Valvoline segment sells automotive lubricants and chemicals and operates a chain of repair shops and quick lube oil change stores under the Valvoline brand. The Performance Materials segment sells plastic resins to automotive suppliers and electronics producers. The majority of revenue comes from North America.
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