Witnessing the stock’s movement on the chart, on June 29, 2020, The Chemours Company (NYSE: CC) set off with pace as it heaved 3.24% to $15.31. During the day, the stock rose to $15.60 and sunk to $14.92 before settling in for the price of $14.83 at the close. Taking a more long-term approach, CC posted a 52-week range of $7.02-$25.23.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was -3.00%. Meanwhile, its Annual Earning per share during the time was -16.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -105.80%. This publicly-traded company’s shares outstanding now amounts to $164.25 million, simultaneously with a float of $162.64 million. The organization now has a market capitalization sitting at $2.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.41, while the 200-day Moving Average is $14.63.
While finding the extent of efficiency of the company that is accounted for 7000 employees. It has generated 789,429 per worker during the last fiscal year. Meanwhile, its income per employee was -7,429. The stock had 7.20 Receivables turnover and 0.76 Total Asset turnover. For the Profitability, stocks gross margin was +19.06, operating margin was +7.71 and Pretax Margin of -2.24.
The Chemours Company (CC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. The Chemours Company’s current insider ownership accounts for 0.80%, in contrast to 83.40% institutional ownership. According to the most recent insider trade that took place on May 07, this organization’s Senior VP & COO bought 2,500 shares at the rate of 11.62, making the entire transaction reach 29,048 in total value, affecting insider ownership by 133,344. Preceding that transaction, on Mar 13, Company’s President, Titanium Tech bought 11,000 for 10.15, making the whole transaction’s value amount to 111,650. This particular insider is now the holder of 141,891 in total.
The Chemours Company (CC) Earnings and Revenue Records
As on 3/30/2020, Multinational firm has announced its last quarter scores, in which it reported $0.71 earnings per share (EPS) for the period topping the consensus outlook (set at $0.46) by $0.25. This company achieved a net margin of -0.94 while generating a return on equity of -6.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
The Chemours Company’s EPS decrease for this current 12-month fiscal period is -105.80% and is forecasted to reach 2.27 in the upcoming year.
The Chemours Company (NYSE: CC) Trading Performance Indicators
Let’s observe the current performance indicators for The Chemours Company (CC). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.98. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.49. Similarly, its price to free cash flow for trailing twelve months is now 22.05.
In the same vein, CC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.40, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 2.27 at the market close of one year from today.
Technical Analysis of The Chemours Company (CC)
Going through the that latest performance of [The Chemours Company, CC]. Its last 5-days volume of 2.05 million was inferior to the volume of 3.05 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 35.47% While, its Average True Range was 1.00.
Raw Stochastic average of The Chemours Company (CC) in the period of the previous 100 days is set at 65.43%, which indicates a major rise in contrast to 58.77% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 96.55% that was lower than 126.43% volatility it exhibited in the past 100-days period.