Chemours Company (NYSE: CC) on Monday, soared 3.43% from the previous trading day, before settling in for the closing price of $21.00. Within the past 52 weeks, CC’s price has moved between $15.10 and $32.70.
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Annual sales at Basic Materials sector company slipped by -0.67% over the past five years. The company achieved an average annual earnings per share of -56.45%. With a float of $148.33 million, this company’s outstanding shares have now reached $149.39 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
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. 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
According to the Wall Street analysts, stocks earnings will be around -56.45% 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 0.92 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 0.56.
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)
Chemours Company (NYSE: CC) saw its 5-day average volume 1.58 million, a positive change from its year-to-date volume of 1.57 million. As of the previous 9 days, the stock’s Stochastic %D was 43.82%. Additionally, its Average True Range was 0.79.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 66.59%, which indicates a significant decrease from 82.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.47% in the past 14 days, which was lower than the 52.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.88, while its 200-day Moving Average is $22.77. Nevertheless, the first resistance level for the watch stands at $22.19 in the near term. At $22.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.04. 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 $20.94. The third support level lies at $20.48 if the price breaches the second support level.
Chemours Company (NYSE: CC) Key Stats
Market capitalization of the company is 3.23 billion based on 149,411K outstanding shares. Right now, sales total 6,027 M and income totals -238,000 K. The company made 1,501 M in profit during its latest quarter, and -27,000 K in sales during its previous quarter.
