Investors finally get a glimpse of Chemours Company (CC) volume hitting the figure of 1.2 million.

On Tuesday, Chemours Company (NYSE: CC) was -0.09% drop from the session before settling in for the closing price of $21.65. A 52-week range for CC has been $15.10 – $32.70.

A company in the Basic Materials sector has dropped its sales by -0.67% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -56.46%. With a float of $148.33 million, this company’s outstanding shares have now reached $149.39 million.

In an organization with 6200 employees, it is important to assess its efficiency. 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Chemours Company stocks. The insider ownership of Chemours Company is 0.72%, while institutional ownership is 82.11%. 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

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.31 earnings per share (EPS) during the time that was better than consensus figure (set at 0.24) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -56.46% 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 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56.

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 2.31 in one year’s time.

Technical Analysis of Chemours Company (CC)

Let’s dig in a bit further. During the last 5-days, its volume was 1.25 million. That was inferior than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.23%. Additionally, its Average True Range was 0.75.

During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 58.23%, which indicates a significant decrease from 80.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.40% in the past 14 days, which was lower than the 52.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.77, while its 200-day Moving Average is $22.93. However, in the short run, Chemours Company’s stock first resistance to watch stands at $21.94. Second resistance stands at $22.24. The third major resistance level sits at $22.55. If the price goes on to break the first support level at $21.33, it is likely to go to the next support level at $21.02. The third support level lies at $20.72 if the price breaches the second support level.

Chemours Company (NYSE: CC) Key Stats

There are 149,411K outstanding shares of the company, which has a market capitalization of 3.23 billion. As of now, sales total 6,027 M while income totals -238,000 K. Its latest quarter income was 1,501 M while its last quarter net income were -27,000 K.