Chemours Company (CC) kicked off at the price of $19.55: Venture capitalists have an exciting new opportunity

On Tuesday, Chemours Company (NYSE: CC) opened higher 4.16% from the last session, before settling in for the closing price of $18.77. Price fluctuations for CC have ranged from $15.10 to $32.70 over the past 52 weeks.

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Basic Materials Sector giant saw their annual sales slid by -0.67% over the last five years. Company’s average yearly earnings per share was noted -54.04% at the time writing. With a float of $147.28 million, this company’s outstanding shares have now reached $148.59 million.

The firm has a total of 6200 workers. Let’s measure their productivity.

Chemours Company (CC) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Chemours Company is 1.34%, while institutional ownership is 78.81%. The most recent insider transaction that took place on Aug 07 ’24, was worth 50,519. In this transaction Interim Pres. – Titanium Tech of this company sold 2,684 shares at a rate of $18.82, taking the stock ownership to the 19,890 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Interim Pres. – Titanium Tech sold 73 for $19.04, making the entire transaction worth $1,390. This insider now owns 22,574 shares in total.

Chemours Company (CC) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.63 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.69) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -54.04% per share during the next fiscal year.

Chemours Company (NYSE: CC) Trading Performance Indicators

Check out the current performance indicators for Chemours Company (CC). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 2.59 in one year’s time.

Technical Analysis of Chemours Company (CC)

Analysing the last 5-days average volume posted by the [Chemours Company, CC], we can find that recorded value of 1.49 million was lower than the volume posted last year of 1.57 million. As of the previous 9 days, the stock’s Stochastic %D was 82.65%. Additionally, its Average True Range was 0.78.

During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 25.86%, which indicates a significant decrease from 89.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.24% in the past 14 days, which was higher than the 44.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.92, while its 200-day Moving Average is $25.52. Now, the first resistance to watch is $20.02. This is followed by the second major resistance level at $20.50. The third major resistance level sits at $21.07. If the price goes on to break the first support level at $18.98, it is likely to go to the next support level at $18.41. Now, if the price goes above the second support level, the third support stands at $17.93.

Chemours Company (NYSE: CC) Key Stats

There are currently 148,895K shares outstanding in the company with a market cap of 2.92 billion. Presently, the company’s annual sales total 6,027 M according to its annual income of -238,000 K. Last quarter, the company’s sales amounted to 1,538 M and its income totaled 70,000 K.