On Friday, Chemours Company (NYSE: CC) opened lower -3.99% from the last session, before settling in for the closing price of $14.29. Price fluctuations for CC have ranged from $13.09 to $29.21 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 1.86% annually for the last half of the decade. Company’s average yearly earnings per share was noted 58.25% at the time writing. With a float of $148.42 million, this company’s outstanding shares have now reached $149.43 million.
In an organization with 6000 employees, it is important to assess its efficiency. 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 0.68%, 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
According to the Wall Street analysts, stocks earnings will be around 58.25% 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 0.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 2.77 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 2.25 million. That was inferior than the volume of 2.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.98%. Additionally, its Average True Range was 0.72.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 6.78%, which indicates a significant decrease from 32.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.76% in the past 14 days, which was lower than the 51.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.45, while its 200-day Moving Average is $19.22. However, in the short run, Chemours Company’s stock first resistance to watch stands at $14.19. Second resistance stands at $14.66. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $13.34, it is likely to go to the next support level at $12.95. The third support level lies at $12.48 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 2.05 billion. Presently, the company’s annual sales total 5,782 M according to its annual income of 86,000 K. Last quarter, the company’s sales amounted to 1,393 M and its income totaled -9,000 K.
