Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Chemours Company (NYSE: CC) was $27.08 for the day, up 1.31% from the previous closing price of $26.73. In other words, the price has increased by $1.31 from its previous closing price. On the day, 1.04 million shares were traded. CC stock price reached its highest trading level at $27.48 during the session, while it also had its lowest trading level at $26.68.
Ratios:
Our analysis of CC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 5.83 whereas as Long-Term Debt/Eq ratio is at 5.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on April 09, 2024, Upgraded its rating to Outperform and sets its target price to $34 from $19 previously.
On March 05, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $37 to $21.
BMO Capital Markets Downgraded its Outperform to Underperform on February 29, 2024, whereas the target price for the stock was revised from $45 to $19.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 09 ’23 when Newman Mark bought 7,661 shares for $34.63 per share. The transaction valued at 265,300 led to the insider holds 266,955 shares of the business.
Scarborough Alvenia sold 5,125 shares of CC for $165,537 on Jun 09 ’23. The SVP Corp Communications & CBO now owns 13,890 shares after completing the transaction at $32.30 per share. On Jun 08 ’23, another insider, Abbott Matthew S, who serves as the SVP, Chief Enterprise Transfor of the company, sold 8,912 shares for $34.20 each. As a result, the insider received 304,790 and left with 29,869 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CC now has a Market Capitalization of 4031697152 and an Enterprise Value of 7127550976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 5.46. Its current Enterprise Value per Revenue stands at 1.183 whereas that against EBITDA is 7.273.
Stock Price History:
Over the past 52 weeks, CC has reached a high of $39.05, while it has fallen to a 52-week low of $15.10. The 50-Day Moving Average of the stock is 0.78%, while the 200-Day Moving Average is calculated to be -8.58%.
Shares Statistics:
CC traded an average of 2.05M shares per day over the past three months and 1037640 shares per day over the past ten days. A total of 148.59M shares are outstanding, with a floating share count of 147.02M. Insiders hold about 1.20% of the company’s shares, while institutions hold 77.29% stake in the company. Shares short for CC as of 1711584000 were 4883320 with a Short Ratio of 2.38, compared to 1709164800 on 4708406. Therefore, it implies a Short% of Shares Outstanding of 4883320 and a Short% of Float of 4.3999999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, CC has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.03741115The stock’s 5-year Average Dividend Yield is 4.23.
