In a filing, LyondellBasell Industries NV revealed its Director Buchanan Robin W.T. acquired Company’s shares for reported $0.38 million on Dec 13 ’24. In the deal valued at $76.06 per share,5,000 shares were bought. As a result of this transaction, Buchanan Robin W.T. now holds 18,175 shares worth roughly $1.34 million.
Then, Friedrichs Dale D sold 4,970 shares, generating $480,997 in total proceeds. Upon selling the shares at $96.78, the EVP, Ops Excellence, HSE now owns 34,220 shares.
Before that, DALE FRIEDRICHS bought 4,970 shares. LyondellBasell Industries NV shares valued at $480,997 were divested by the Officer at a price of $96.78 per share.
Piper Sandler downgraded its LyondellBasell Industries NV [LYB] rating to a Neutral from a an Overweight in a research note published on January 07, 2025; the price target was decreased to $95 from $112. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in early March with a ‘”an Underperform”‘ rating. JP Morgan also remained covering LYB and has increased its forecast on February 05, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on January 10, 2024. It rated LYB as “a Hold” which previously was an “a Buy”.
Price Performance Review of LYB
On Tuesday, LyondellBasell Industries NV [NYSE:LYB] saw its stock jump 0.05% to $73.90. Over the last five days, the stock has gained 0.98%. LyondellBasell Industries NV shares have fallen nearly -0.50% since the year began. Nevertheless, the stocks have fallen -23.71% over the past one year. While a 52-week high of $107.02 was reached on 01/02/25, a 52-week low of $72.21 was recorded on 01/03/25. SMA at 50 days reached $80.05, while 200 days put it at $92.83.
Levels Of Support And Resistance For LYB Stock
The 24-hour chart illustrates a support level at 73.28, which if violated will result in even more drops to 72.66. On the upside, there is a resistance level at 74.73. A further resistance level may holdings at 75.56. The Relative Strength Index (RSI) on the 14-day chart is 37.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.42%. Stochastics %K at 28.14% indicates the stock is a holding.
How much short interest is there in LyondellBasell Industries NV?
A steep rise in short interest was recorded in LyondellBasell Industries NV stocks on 2024-12-13, growing by 0.66 million shares to a total of 5.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.42 million shares. There was a rise of 12.98%, which implies that there is a positive sentiment for the stock.
