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Despite recent financial losses, major investors boost holdings in specialty chemicals firm Albemarle.
Bank of New York Mellon Corp and OneDigital Investment Advisors LLC have increased their holdings in Albemarle Corporation, a specialty chemicals company with a market cap of $8.36 billion.
Albemarle reported negative financial metrics in its latest earnings, including a return on equity of -1.92% and a net margin of -22.39%.
The company operates in three segments: Energy Storage, Specialties, and Ketjen, and its share price ranges from $49.43 to $113.91 within a year.
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A pesar de las recientes pérdidas financieras, los principales inversores aumentan sus participaciones en la empresa de productos químicos especiales Albemarle.