Ashland Global Holdings Inc. (NYSE:ASH) traded today at a new 52-week high of $108.50. So far today approximately 146,000 shares have been exchanged, as compared to an average 30-day volume of 486,000 shares.
In the past 52 weeks, Ashland Global Holdings Inc. share prices are bracketed by a low of $73.18 and a high of $108.50 and is now at $107.56, 47% above that low price.
Ashland Global Holdings is a global specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into five distinct segments: life sciences, personal care and household, performance adhesives, specialty additives, and intermediates and solvents. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. There is not a single segment that represents a majority of revenue given its extensive portfolio of products. A large portion of revenue is generated outside of the United States and there is higher demand for the company's services during warmer weather months.
Ashland Global Holdings Inc. (NYSE:ASH) is currently priced 1.1% above its average consensus analyst price target of $106.39.
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