What’s Happening With These Specialty Chemicals Stocks? — Axalta Coating Systems, Platform Specialty Products, LyondellBasell Industries, and Westlake Chemical


NEW YORK, Jan. 12, 2018 — WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on AXTA, PAH, LYB, and WLK which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com has issued research reports on Axalta Coating Systems Ltd (NYSE: AXTA), Platform Specialty Products Corp. (NYSE: PAH), LyondellBasell Industries N.V. (NYSE: LYB), and Westlake Chemical Corp. (NYSE: WLK). Generally, companies in the Specialty Chemicals space have high capital spending requirements, mostly involving the upkeep and expansion of production and transportation facilities. Many of them are decent cash-flow generators and have built up solid cash positions. All you have to do is sign up today for this free limited time offer by clicking the link below.


Axalta Coating Systems

On Thursday, shares in Philadelphia, Pennsylvania headquartered Axalta Coating Systems Ltd saw a slight gain of 0.52%, ending the day at $32.72. The stock recorded a trading volume of 635,775 shares. The Company's shares have advanced 0.46% in the last month, 14.53% over the previous three months, and 17.23% over the past year. The stock is trading above its 200-day moving average by 4.42%. Moreover, shares of the Company, which through its subsidiaries, manufactures, markets, and distributes coatings primarily for the transportation industry, have a Relative Strength Index (RSI) of 55.31.  

On December 19th, 2017, research firm Raymond James initiated a 'Market Perform' rating on the Company's stock.

On January 04th, 2018, Axalta Coating Systems introduced aerosol polyurethane and acrylic topcoats to its portfolio of coating solutions for the Industrial, Agricultural, and Construction Equipment markets. With formulas ranging from high performance to economy, the aerosol topcoats provide the industry with a versatile, ready-to-use, spray application for quick touch ups and spot repairs on damaged surfaces. Get the full research report on AXTA for free by clicking below at:


Platform Specialty Products

Shares in West Palm Beach, Florida headquartered Platform Specialty Products Corp. ended the day 2.68% higher at $11.49. A total volume of 3.90 million shares was traded, which was above their three months average volume of 3.66 million shares. In the last month and over the past year, the stock has gained 21.33% and 7.08%, respectively. The Company's shares are trading above their 50-day moving average by 14.16%. Furthermore, shares of the Company, which produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe, have an RSI of 77.97. 

On January 10th, 2018, Platform Specialty Products announced its preliminary 2018 financial guidance. The Company expects adjusted EBITDA for this year to be in the range of $860 million to $890 million, representing a mid-to-high, single-digit increase from the mid-point of its 2017 guidance range. It also expects free cash flow growth in excess of adjusted EBITDA growth, and issued guidance for 2018 interest expense of approximately $300 million and capital expenditures of approximately $100 million. Today's complimentary research report on PAH is accessible at:


LyondellBasell Industries

At the close of trading on Thursday, shares in London, the UK-based LyondellBasell Industries N.V. finished 2.32% higher at $117.70 with a total trading volume of 1.82 million shares. The stock has advanced 9.48% in the last month, 21.02% over the previous three months, and 33.08% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 9.97% and 26.60%, respectively. Additionally, shares of LyondellBasell Industries have an RSI of 81.03.

On December 18th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register now for your free research document on LYB at:


Westlake Chemical

Houston, Texas headquartered Westlake Chemical Corp.'s shares recorded a trading volume of 530,496 shares at the end of yesterday's session. The stock closed the day 2.53% higher at $113.25. The Company's shares have surged 12.53% in the past month, 34.02% in the previous three months, and 91.11% over the past year. The stock is trading above its 50-day and 200-day moving averages by 15.08% and 46.15%, respectively. Additionally, shares of Westlake Chemical have an RSI of 79.83.  

On January 08th, 2018, Westlake Chemical announced that Jeffrey Sheets, Marius Haas, and David Chao, have been appointed to the Company's board of directors. Mr. Sheets served as Executive Vice President and CFO of ConocoPhillips Company from October 2010 to February 2016. Mr. Haas has been the President and Chief Commercial Officer of Dell EMC since September 2016. Finally, Mr. David Chao has been Executive Chairman of Tanglewood Property Group since July 2017. 

On January 09th, 2018, research firm Morgan Stanley initiated an 'Equal-Weight' rating on the Company's stock, with a target price of $120 per share. Click on the link below and see our free report on WLK at:


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