CLMT Stock Summary and Trading Ideas (Calumet | NASDAQ:CLMT)

Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets.

Calumet trades on the NASDAQ stock market under the symbol CLMT.

As of January 17, 2025, CLMT stock price climbed to $18.40 with 1,809,671 million shares trading.

CLMT has a market cap of $1.58 billion. This is considered a Small Cap stock.

Last quarter Calumet reported $1 billion in Revenue and -$1.18 earnings per share. This beat revenue expectation by $120 million and missed earnings estimates by -$.84.

In the last 3 years, CLMT traded as high as $25.29 and as low as $8.40.

The top ETF exchange traded funds that CLMT belongs to (by Net Assets): VTI, VXF, XOP, SCHA, FYX.

CLMT has underperformed the market in the last year with a price return of +11.9% while the SPY ETF gained +28.0%. CLMT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.9% and -22.0%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

CLMT support price is $17.35 and resistance is $18.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLMT shares will trade within this expected range on the day.