A new trading day began on Tuesday, with Chemours Company (NYSE: CC) stock price down -1.05% from the previous day of trading, before settling in for the closing price of $19.05. CC’s price has ranged from $15.10 to $32.70 over the past 52 weeks.
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Annual sales at Basic Materials sector company slipped by -0.67% over the past five years. Meanwhile, its annual earnings per share averaged -56.42%. With a float of $148.23 million, this company’s outstanding shares have now reached $148.59 million.
Let’s look at the performance matrix of the company that is accounted for 6200 employees. In terms of profitability, gross margin is 19.53%, operating margin of 6.52%, and the pretax margin is 0.66%.
Chemours Company (CC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Chemours Company is 0.79%, while institutional ownership is 82.06%. The most recent insider transaction that took place on Nov 07 ’24, was worth 154,771. In this transaction SVP Corp Communications & CBO of this company sold 7,500 shares at a rate of $20.64, taking the stock ownership to the 16,645 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 7,500 for $20.00, making the entire transaction worth $150,000.
Chemours Company (CC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -56.42% per share during the next fiscal year.
Chemours Company (NYSE: CC) Trading Performance Indicators
Here are Chemours Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.92. 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 0.46, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 2.33 in one year’s time.
Technical Analysis of Chemours Company (CC)
Chemours Company (NYSE: CC) saw its 5-day average volume 1.35 million, a negative change from its year-to-date volume of 1.57 million. As of the previous 9 days, the stock’s Stochastic %D was 10.17%. Additionally, its Average True Range was 0.72.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 28.53%, which indicates a significant decrease from 33.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.38% in the past 14 days, which was higher than the 51.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.20, while its 200-day Moving Average is $23.29. Nevertheless, the first resistance level for the watch stands at $19.13 in the near term. At $19.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.69. If the price goes on to break the first support level at $18.57, it is likely to go to the next support level at $18.29. The third support level lies at $18.01 if the price breaches the second support level.
Chemours Company (NYSE: CC) Key Stats
With a market capitalization of 2.82 billion, the company has a total of 149,411K Shares Outstanding. Currently, annual sales are 6,027 M while annual income is -238,000 K. The company’s previous quarter sales were 1,501 M while its latest quarter income was -27,000 K.
