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The closing price of Chemours Company (NYSE: CC) was $11.83 for the day, down -1.91% from the previous closing price of $12.06. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 2.23 million shares were traded.
Ratios:
Our analysis of CC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 7.21 whereas as Long-Term Debt/Eq ratio is at 7.03.
On January 28, 2025, Truist started tracking the stock assigning a Buy rating and target price of $27.
UBS Upgraded its Neutral to Buy on July 09, 2024, whereas the target price for the stock was revised from $28 to $30.
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 Nov 07 ’24 when Scarborough Alvenia sold 7,500 shares for $20.64 per share. The transaction valued at 154,771 led to the insider holds 16,645 shares of the business.
Scarborough Alvenia bought 7,500 shares of CC for $150,000 on Nov 06 ’24. On Aug 07 ’24, another insider, Picho Diane I., who serves as the Interim Pres. – Titanium Tech of the company, sold 2,684 shares for $18.82 each. As a result, the insider received 50,519 and left with 19,890 shares of the company.
Valuation Measures:
As of this moment, Chemours’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.43, and their Forward P/E ratio for the next fiscal year is 4.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 2.93.
Stock Price History:
Over the past 52 weeks, CC has reached a high of $29.21, while it has fallen to a 52-week low of $9.33. The 50-Day Moving Average of the stock is -14.90%, while the 200-Day Moving Average is calculated to be -35.04%.
Shares Statistics:
A total of 149.43M shares are outstanding, with a floating share count of 148.42M. Insiders hold about 0.68% of the company’s shares, while institutions hold 84.52% stake in the company.
