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A report released today by Zacks Investment Research about Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) raises the target price to $38.00

In a statement issued on 6/21/2017 Zacks Investment Research raised the target price of Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) to $38.00 stating a potential upside of 0.13%.

On Tuesday May 23, 2017, Deutsche Bank released a statement for Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) bumped up the target price from $36.00 to $38.00 that suggested an upside of 0.07%.

Boasting a price of $33.53, Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) traded 4.88% higher on the day. With the last stock price close down 54.07% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. The company has recorded a 50-day moving average of $45.71 and a 200-day moving average of $37.68. 2,406,335 shares of the stock were exchanged, up from an average trading volume of 875,503

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Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM)

Sociedad Quimica y Minera de Chile (ADR) has a 52 week low of $24.75 and a 52 week high of $58.71 with a P/E ratio of 44.80 The company’s market cap is currently $0.

General Information About Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM)

Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals. Its segments include specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and other products and services. Specialty plant nutrients are fertilizers that enable farmers to improve yields and the quality of certain crops. Industrial chemicals have a range of applications in chemical processes, such as the manufacturing of glass and industrial nitrates. Iodine and its derivatives are used in the X-ray contrast media and biocides industries, among others. Lithium and its derivatives are used in batteries, greases and frits for production of ceramics. Potassium chloride is a commodity fertilizer that is produced and sold by the Company across the world.

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