Orion Engineered Carbons SA (NYSE:OEC)
June 14th, 2018
Orion Engineered Carbons SA closed Thursday up 1.37%, a $0.45 increase to close on $33.20. In addition it hit a new 52 week high of $33.95.
OEC outperformed the rest of the Materials sector which went up 0.09% today.
Forecasts from 7 analysts points to the possibility that Orion Engineered Carbons SA could rise somewhat (5.25%), while Finbox has calculated (with low uncertainty) a fair value price of $33.67.
Orion Engineered Carbons SA Info
Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates through two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; and various conductive carbon black grades for use in polymer and printing applications, as well as in silicon, non-woven textile, building material, battery electrodes metallurgical, agrochemical, and carbon brush applications. It also provides rubber carbon black products for applications in mechanical rubber goods under the PUREX brand, as well as in tires under the ECORAX brand name. The company was formerly known as Orion Engineered Carbons S.à r.l. and changed its name to Orion Engineered Carbons, S.A. in July 2014. Orion Engineered Carbons S.A. was incorporated in 2011 and is headquartered in Senningerberg, Luxembourg. Orion Engineered Carbons S.A. is a subsidiary of Kinove Luxembourg Holdings 1 S.a r.l.
All amounts in USD unless otherwise indicated
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