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Shares of Minerals Tech Rank the Highest in Terms of Beta in the Specialty Chemicals Industry (MTX, PAH, FTK, IOSP, CCF)

By Shiri Gupta

Below are the three companies in the Specialty Chemicals industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Minerals Tech ranks highest with a a beta of 1.4. Following is Platform Special with a a beta of 1.4. Flotek Inds ranks third highest with a a beta of 1.3.

Innospec Inc follows with a a beta of 1.3, and Chase Corp rounds out the top five with a a beta of 1.3.

SmarTrend recommended that its subscribers protect gains by selling shares of Minerals Tech on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $54.89. Since that call, shares of Minerals Tech have fallen 40.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta minerals tech platform special flotek inds innospec inc amex:ccf chase corp