On Tuesday, Chemours Company (NYSE: CC) opened lower -3.64% from the last session, before settling in for the closing price of $16.76. Price fluctuations for CC have ranged from $15.10 to $29.83 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 1.86%. Company’s average yearly earnings per share was noted 61.51% at the time writing. With a float of $148.66 million, this company’s outstanding shares have now reached $149.43 million.
The extent of productivity of a business whose workforce counts for 6000 workers is very important to gauge. In terms of profitability, gross margin is 19.92%, operating margin of 6.57%, and the pretax margin is 2.21%.
Chemours Company (CC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Chemours Company is 0.52%, while institutional ownership is 84.85%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.51% per share during the next fiscal year.
Chemours Company (NYSE: CC) Trading Performance Indicators
Check out the current performance indicators for Chemours Company (CC). In the past quarter, the stock posted a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 2.81 in one year’s time.
Technical Analysis of Chemours Company (CC)
The latest stats from [Chemours Company, CC] show that its last 5-days average volume of 2.2 million was superior to 1.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 29.82%. Additionally, its Average True Range was 0.77.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.11% in the past 14 days, which was lower than the 47.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.22, while its 200-day Moving Average is $20.70. Now, the first resistance to watch is $16.54. This is followed by the second major resistance level at $16.94. The third major resistance level sits at $17.13. If the price goes on to break the first support level at $15.95, it is likely to go to the next support level at $15.76. The third support level lies at $15.36 if the price breaches the second support level.
Chemours Company (NYSE: CC) Key Stats
There are currently 149,441K shares outstanding in the company with a market cap of 2.41 billion. Presently, the company’s annual sales total 6,027 M according to its annual income of -238,000 K. Last quarter, the company’s sales amounted to 1,501 M and its income totaled -27,000 K.
