On Friday, Chemours Company (NYSE: CC) was -1.60% drop from the session before settling in for the closing price of $11.24. A 52-week range for CC has been $9.33 – $29.21.
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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. When this article was written, the company’s average yearly earnings per share was at 32.43%. With a float of $148.48 million, this company’s outstanding shares have now reached $149.57 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 7.87%, and the pretax margin is 2.21%.
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 0.80%, while institutional ownership is 88.84%. 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 32.43% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.44 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 5.36 million. That was better than the volume of 2.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.09%. Additionally, its Average True Range was 0.74.
During the past 100 days, Chemours Company’s (CC) raw stochastic average was set at 16.03%, which indicates a significant decrease from 29.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.63% in the past 14 days, which was lower than the 66.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.74, while its 200-day Moving Average is $17.50. However, in the short run, Chemours Company’s stock first resistance to watch stands at $11.36. Second resistance stands at $11.67. The third major resistance level sits at $11.85. If the price goes on to break the first support level at $10.88, it is likely to go to the next support level at $10.70. The third support level lies at $10.39 if the price breaches the second support level.
Chemours Company (NYSE: CC) Key Stats
There are 149,674K outstanding shares of the company, which has a market capitalization of 1.66 billion. As of now, sales total 5,782 M while income totals 86,000 K. Its latest quarter income was 1,393 M while its last quarter net income were -9,000 K.
