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Investment analysts at KeyCorp initiated coverage on shares of Orion Engineered Carbons (NYSE:OEC) in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Orion Engineered Carbons (NYSE:OEC) opened at 17.09 on Wednesday. Orion Engineered Carbons has a one year low of $15.87 and a one year high of $18.37. The stock has a 50-day moving average of $17.08 and a 200-day moving average of $17.08. The company’s market cap is $747.7 million.

Separately, analysts at Northcoast Research initiated coverage on shares of Orion Engineered Carbons in a research note on Thursday, August 21st. They set a “buy” rating on the stock.

Orion Engineered Carbons S.a r.l. is a producer of carbon black. Carbon black is a form of carbon used to improve certain properties of materials into which it is added.

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