Witnessing the stock’s movement on the chart, on Wednesday, Chemours Company (NYSE: CC) had a quiet start as it plunged -0.15% to $26.37, before settling in for the price of $26.41 at the close. Taking a more long-term approach, CC posted a 52-week range of $15.10-$39.05.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was -0.67%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.87%. This publicly-traded company’s shares outstanding now amounts to $148.59 million, simultaneously with a float of $147.02 million. The organization now has a market capitalization sitting at $3.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.16, while the 200-day Moving Average is $29.83.
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. Chemours Company’s current insider ownership accounts for 1.20%, in contrast to 76.44% institutional ownership. According to the most recent insider trade that took place on Jun 09 ’23, this organization’s President and CEO bought 7,661 shares at the rate of 34.63, making the entire transaction reach 265,300 in total value, affecting insider ownership by 266,955. Preceding that transaction, on Jun 09 ’23, Company’s SVP Corp Communications & CBO sold 5,125 for 32.30, making the whole transaction’s value amount to 165,537. This particular insider is now the holder of 13,890 in total.
Chemours Company (CC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 14.12 per share during the current fiscal year.
Chemours Company’s EPS decrease for this current 12-month fiscal period is -12.87% and is forecasted to reach 3.92 in the upcoming year.
Chemours Company (NYSE: CC) Trading Performance Indicators
Let’s observe the current performance indicators for Chemours Company (CC). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.65. Similarly, its price to free cash flow for trailing twelve months is now 21.10.
In the same vein, CC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.60, a figure that is expected to reach 0.27 in the next quarter, and analysts are predicting that it will be 3.92 at the market close of one year from today.
Technical Analysis of Chemours Company (CC)
Going through the that latest performance of [Chemours Company, CC]. Its last 5-days volume of 1.0 million was inferior to the volume of 1.92 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 17.45% While, its Average True Range was 1.18.
Raw Stochastic average of Chemours Company (CC) in the period of the previous 100 days is set at 64.03%, which indicates a major rise in contrast to 44.06% 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 68.49% that was lower than 81.12% volatility it exhibited in the past 100-days period.
