The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Chemours Company (NYSE: CC) closed at $17.53 down -3.68% from its previous closing price of $18.20. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 2.66 million shares were traded. CC stock price reached its highest trading level at $18.01 during the session, while it also had its lowest trading level at $17.13.
Ratios:
For a deeper understanding of Chemours Company’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 6.53 whereas as Long-Term Debt/Eq ratio is at 6.37.
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 this company, Truist on January 28, 2025, initiated with a Buy rating and assigned the stock a target price of $27.
On July 09, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $28 to $30.
On June 07, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $25.Mizuho initiated its Neutral rating on June 07, 2024, with a $25 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 2619175168 and an Enterprise Value of 6315166208. As of this moment, Chemours’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.32, and their Forward P/E ratio for the next fiscal year is 8.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 3.99. Its current Enterprise Value per Revenue stands at 1.098 whereas that against EBITDA is 8.035.
Stock Price History:
The Beta on a monthly basis for CC is 1.95, which has changed by -0.34579438 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, CC has reached a high of $31.76, while it has fallen to a 52-week low of $15.10. The 50-Day Moving Average of the stock is -6.88%, while the 200-Day Moving Average is calculated to be -16.69%.
Shares Statistics:
For the past three months, CC has traded an average of 1.63M shares per day and 1523790 over the past ten days. A total of 149.39M shares are outstanding, with a floating share count of 148.63M. Insiders hold about 0.52% of the company’s shares, while institutions hold 81.36% stake in the company. Shares short for CC as of 1738281600 were 7269182 with a Short Ratio of 4.47, compared to 1735603200 on 7389996. Therefore, it implies a Short% of Shares Outstanding of 7269182 and a Short% of Float of 7.249999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for CC is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05494505The stock’s 5-year Average Dividend Yield is 4.1.
