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The price of Chemours Company (NYSE: CC) closed at $23.31 in the last session, down -3.56% from day before closing price of $24.17. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 1.54 million shares were traded. CC stock price reached its highest trading level at $24.46 during the session, while it also had its lowest trading level at $23.07.
Ratios:
We take a closer look at CC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 867.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 5.66 whereas as Long-Term Debt/Eq ratio is at 5.54.
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, UBS on July 09, 2024, Upgraded its rating to Buy and sets its target price to $30 from $28 previously.
On June 07, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $25.
BMO Capital Markets Upgraded its Underperform to Outperform on April 09, 2024, whereas the target price for the stock was revised from $19 to $34.
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 3470742528 and an Enterprise Value of 6986750464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 4.61. Its current Enterprise Value per Revenue stands at 1.196 whereas that against EBITDA is 8.04.
Stock Price History:
Over the past 52 weeks, CC has reached a high of $37.83, while it has fallen to a 52-week low of $15.10. The 50-Day Moving Average of the stock is -3.73%, while the 200-Day Moving Average is calculated to be -13.34%.
Shares Statistics:
According to the various share statistics, CC traded on average about 1.25M shares per day over the past 3-months and 1047050 shares per day over the past 10 days. A total of 148.59M shares are outstanding, with a floating share count of 147.03M. Insiders hold about 1.25% of the company’s shares, while institutions hold 77.97% stake in the company. Shares short for CC as of 1721001600 were 5051731 with a Short Ratio of 4.04, compared to 1718323200 on 5483969. Therefore, it implies a Short% of Shares Outstanding of 5051731 and a Short% of Float of 5.06.
Dividends & Splits
The forward annual dividend rate for CC is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.041373603The stock’s 5-year Average Dividend Yield is 4.22.
