ICL Stock Summary and Trading Ideas (Icl Group Ltd. | NYSE:ICL)

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.

Icl Group Ltd. trades on the NYSE stock market under the symbol ICL.

As of April 18, 2024, ICL stock price declined to $4.66 with 563,827 million shares trading.

ICL has a beta of 1.09, meaning it tends to be more sensitive to market movements. ICL has a correlation of 0.13 to the broad based SPY ETF.

ICL has a market cap of $6.01 billion. This is considered a Mid Cap stock.

Last quarter Icl Group Ltd. reported $2 billion in Revenue and $.10 earnings per share. This met revenue expectation and exceeded earnings estimates by $.02.

In the last 3 years, ICL stock traded as high as $12.96 and as low as $4.30.

The top ETF exchange traded funds that ICL belongs to (by Net Assets): MOO, KOMP, ZIG, IMFL, GSIE.

ICL has underperformed the market in the last year with a price return of -23.0% while the SPY ETF gained +22.3%. However, in the short term, ICL had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.5% vs +6.1% return in SPY. But in the last 2 weeks, ICL shares have been beat by the market, returning -9.2% compared to an SPY return of -3.8%.

ICL support price is $4.57 and resistance is $4.79 (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 ICL stock will trade within this expected range on the day.