(ASH) Ashland Global Holdings - Ratings and Ratios

Ashland Global Holdings Inc, now known as Ashland Inc, is a leading provider of specialty chemicals and ingredients that cater to a diverse range of consumer and industrial markets. The companys extensive product portfolio is designed to meet the needs of various industries, including pharmaceuticals, personal care, architectural coatings, construction, energy, food and beverage, and more.

Through its four primary business segments - Life Sciences, Personal Care, Specialty Additives, and Intermediates - Ashland Inc offers a broad array of innovative solutions, such as controlled release polymers, natural and biodegradable ingredients, rheology modifiers, and advanced ceramics. These products play a crucial role in enhancing the performance, quality, and sustainability of its customers end-products.

Ashlands Life Sciences segment is particularly noteworthy, as it provides critical components for the pharmaceutical industry, including tablet coatings, thickeners, and solubilizers. Meanwhile, its Personal Care segment is focused on delivering high-quality, nature-derived ingredients for personal care products, such as toothpastes and mouthwashes.

From a technical analysis perspective, Ashlands stock (ASH) is currently trading at $51.67, with its SMA20 and SMA50 indicating a relatively stable short-term trend. However, the SMA200 at $67.62 suggests that the stock has been on a downtrend over the past year. With an ATR of 1.58, representing a 3.06% daily volatility, investors should be prepared for potential price fluctuations.

Fundamentally, Ashlands market capitalization stands at $2.367 billion, with a forward P/E ratio of 10.06. Although the companys RoE is currently negative at -4.55%, this may be an indication of ongoing restructuring efforts or industry challenges. Considering the current technical and fundamental data, it is possible that Ashlands stock may experience a rebound in the near future, potentially driven by a recovery in its business segments or an improvement in industry conditions. A forecast based on the current data suggests that ASH may reach $60 in the next 6-12 months, assuming a stabilization of its downtrend and a gradual improvement in its financial performance.