The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Chemours Company (NYSE: CC) closed at $12.10 in the last session, down -3.20% from day before closing price of $12.50. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 2.34 million shares were traded.
Ratios:
We take a closer look at CC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 20.89, and their Forward P/E ratio for the next fiscal year is 4.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. 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 2.99.
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 -7.59%, while the 200-Day Moving Average is calculated to be -31.83%.
Shares Statistics:
A total of 149.43M shares are outstanding, with a floating share count of 148.25M. Insiders hold about 0.80% of the company’s shares, while institutions hold 88.27% stake in the company.
