Specialty chemicals play Croda [LON:CRDA] is seeing some new life returning to the stock. Shares have rallied off the recent low of around £60 and look like they have the potential to get back up to around £104, which they achieved at the end of last year. This is opening up the prospect for a short term trade over the 4-6 month time horizon. But what is generating this momentum?
We had a look at some of the technical factors underpinning the stock price as well as some of the fundamentals, and why Croda stacks up well against other companies in the specialty chemicals space in the UK.
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