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 $10.62 down -7.01% from its previous closing price of $11.42. In other words, the price has decreased by -$7.01 from its previous closing price. On the day, 5.12 million shares were traded. CC stock price reached its highest trading level at $11.0 during the session, while it also had its lowest trading level at $10.12.
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 0.86 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:
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 1587063296 and an Enterprise Value of 5230061056. As of this moment, Chemours’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.34, and their Forward P/E ratio for the next fiscal year is 3.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 0.905 whereas that against EBITDA is 7.058.
Stock Price History:
The Beta on a monthly basis for CC is 1.76, which has changed by -0.60739374 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, CC has reached a high of $29.21, while it has fallen to a 52-week low of $11.34. The 50-Day Moving Average of the stock is -32.44%, while the 200-Day Moving Average is calculated to be -43.85%.
Shares Statistics:
For the past three months, CC has traded an average of 2.73M shares per day and 3117700 over the past ten days. 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 84.63% stake in the company. Shares short for CC as of 1741910400 were 10529109 with a Short Ratio of 3.85, compared to 1739491200 on 7741996. Therefore, it implies a Short% of Shares Outstanding of 10529109 and a Short% of Float of 10.3599995.
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 0.087565675The stock’s 5-year Average Dividend Yield is 4.03.
