IMCD (OTC:IMCDY) Stock Price Down 0% – Here’s Why
by Amy Steele · The Cerbat GemIMCD (OTC:IMCDY – Get Free Report) shares fell 0% on Monday . The stock traded as low as $40.48 and last traded at $41.79. 279,548 shares changed hands during trading, an increase of 390% from the average session volume of 57,035 shares. The stock had previously closed at $41.81.
Analysts Set New Price Targets
Separately, Morgan Stanley downgraded IMCD from an “overweight” rating to a “cautious” rating in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $72.50.
Get Our Latest Research Report on IMCD
IMCD Price Performance
The firm’s 50-day moving average is $47.13 and its 200-day moving average is $48.93.
About IMCD
IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company provides adhesives, core materials, filler reinforcements, flame retardants, masterbatch, modifiers, operating materials, pigments, plasticizers, processing aids, PUR raw materials, rubber elastomers, solvents, stabilizers, thermoplastic elastomers, thermoplastics, thermoplastics, and other additives.