Breaking Finance News

Bank of America (Merrill Lynch) upgraded Sociedad Quimica y Minera S.A. (NYSE:SQM) from Neutral to Buy in a statement released earlier today.

Bank of America (Merrill Lynch) has upgraded Sociedad Quimica y Minera S.A. (NYSE:SQM) from Neutral to Buy in a statement released on Wednesday September 13, 2017.

Boasting a price of $54.13, Sociedad Quimica y Minera S.A. (NYSE:SQM) traded 3.39% higher on the day. With the last stock price close up 45.52% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Sociedad Quimica y Minera S.A. has recorded a 50-day average of $43.91 and a two hundred day average of $37.09. Volume of trade was down over the average, with 630,805 shares of SQM changing hands under the typical 810,606

Performance Chart

Sociedad Quimica y Minera S.A. (NYSE:SQM)

With a total market value of $0, Sociedad Quimica y Minera S.A. has price-earnings ratio of 41.64 with a one year low of $24.75 and a one year high of $54.44 .

More About Sociedad Quimica y Minera S.A. (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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *