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1301

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    40.9772$
  • Previous Close
    40.3992$
  • 52 Week Change
    23.85$
  • Day Range
    0.58$
  • 52 Week High/Low
    31.25$ - 55.1$
  • Dividend Per Share
    --
  • Market cap
    256 539 M$
  • EPS
    -1.08
  • Beta
    0.431
  • Volume
    --

About

1301.TW is the stock ticker symbol for Formosa Plastics Corporation, a Taiwanese company and one of the world's leading petrochemical producers. It is listed on the Taiwan Stock Exchange. Formosa Plastics is part of the larger Formosa Plastics Group, a diversified conglomerate with interests in various sectors including petrochemicals, electronics, textiles, and energy. The company's performance is influenced by global demand for petrochemical products, raw material costs, and overall economic conditions. Investors monitor Formosa Plastics' financial reports, production capacity, and industry trends to assess its investment potential.

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Factors

Supply and Demand: Increased demand for Formosa Plastics shares relative to supply drives prices up; conversely, increased supply relative to demand pushes prices down. This reflects investor sentiment and market trends. Economic Conditions: Economic growth typically boosts demand for plastics, benefiting Formosa Plastics and increasing its stock price. Economic downturns can have the opposite effect. Industry Trends: Developments in the petrochemical industry, such as changes in raw material costs (e.g., crude oil), technological innovations, and evolving environmental regulations, directly impact Formosa Plastics' profitability and stock value. Company Performance: Formosa Plastics' financial results (revenue, profit margins, earnings per share), investment decisions, and strategic initiatives significantly influence investor confidence and stock price. Global Events: Geopolitical events, trade policies, and global pandemics can disrupt supply chains, impact raw material costs, and alter demand patterns, thus affecting Formosa Plastics and its stock.

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