On Monday, Chemours Company (NYSE: CC) was -3.97% drop from the session before settling in for the closing price of $19.65. A 52-week range for CC has been $15.10 – $32.70.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -0.67%. When this article was written, the company’s average yearly earnings per share was at -55.31%. With a float of $148.08 million, this company’s outstanding shares have now reached $148.59 million.
Considering the fact that the conglomerate employs 6200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.49%, operating margin of 5.94%, and the pretax margin is 1.59%.
Chemours Company (CC) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Chemours Company stocks. The insider ownership of Chemours Company is 0.79%, while institutional ownership is 78.68%. 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
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.63 earnings per share (EPS) during the time that was less than consensus figure (set at 0.69) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -55.31% per share during the next fiscal year.
Chemours Company (NYSE: CC) Trading Performance Indicators
You can see what Chemours Company (CC) is doing with its current performance indicators. In the most recent 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 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 2.51 in one year’s time.
Technical Analysis of Chemours Company (CC)
Compared to the last year’s volume of 1.55 million, its volume of 1.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.85%. Additionally, its Average True Range was 0.74.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 27.45%, which indicates a significant increase from 0.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.99% in the past 14 days, which was lower than the 47.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.95, while its 200-day Moving Average is $24.49. Nevertheless, the first resistance level for the watch stands at $19.48 in the near term. At $20.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.41. If the price goes on to break the first support level at $18.56, it is likely to go to the next support level at $18.25. Now, if the price goes above the second support level, the third support stands at $17.63.
Chemours Company (NYSE: CC) Key Stats
There are 148,895K outstanding shares of the company, which has a market capitalization of 2.82 billion. As of now, sales total 6,027 M while income totals -238,000 K. Its latest quarter income was 1,538 M while its last quarter net income were 70,000 K.
