Innospec traded at $83.50 this Monday February 2nd, increasing $1.78 or 2.18 percent since the previous trading session. Looking back, over the last four weeks, Innospec gained 6.74 percent. Over the last 12 months, its price fell by 25.07 percent. Looking ahead, we forecast Innospec to be priced at 79.20 by the end of this quarter and at 72.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Innospec Inc. develops, manufactures, blends, markets and supplies specialty chemicals for use as fuel additives, ingredients for personal care, home care, agrochemical, metal extraction and oilfield chemicals. The Company operates through four segments: Fuel Specialties, Performance Chemicals and Oilfield Services. Its Fuel Specialties segment develops, manufactures, blends, markets and supplies a range of specialty chemical products that are used as additives to a range of fuels. Its Performance Chemicals segment provides technology-based solutions for its customers processes or products, which is focused on the Personal Care, Home Care, Agrochemical and Metal Extraction markets. Its Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation and completion operations, products for oil and gas production.