Chemours Company (NYSE: CC) on Tuesday, plunged -1.03% from the previous trading day, before settling in for the closing price of $18.48. Within the past 52 weeks, CC’s price has moved between $15.10 and $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%. The company achieved an average annual earnings per share of -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
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Chemours Company is 0.79%, while institutional ownership is 78.62%. 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
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.63 earnings per share (EPS) for the period falling under the consensus outlook (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
Chemours Company (CC) is currently performing well based on its current performance indicators. A quick ratio of 1.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48.
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 1.42 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.25%. Additionally, its Average True Range was 0.67.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 21.93%, which indicates a significant increase from 11.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.77% in the past 14 days, which was lower than the 46.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.96, while its 200-day Moving Average is $24.12. Nevertheless, the first resistance level for the watch stands at $18.52 in the near term. At $18.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.93. If the price goes on to break the first support level at $18.11, it is likely to go to the next support level at $17.93. Now, if the price goes above the second support level, the third support stands at $17.70.
Chemours Company (NYSE: CC) Key Stats
Market capitalization of the company is 2.73 billion based on 149,270K outstanding shares. Right now, sales total 6,027 M and income totals -238,000 K. The company made 1,538 M in profit during its latest quarter, and 70,000 K in sales during its previous quarter.
