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In the latest session, Celanese Corp (NYSE: CE) closed at $129.38 down -4.57% from its previous closing price of $135.58. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 1.19 million shares were traded. CE stock price reached its highest trading level at $132.54 during the session, while it also had its lowest trading level at $128.825.
Ratios:
For a deeper understanding of Celanese Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.58.
On September 05, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $180 to $150.
JP Morgan Upgraded its Underweight to Neutral on August 05, 2024, whereas the target price for the stock was revised from $156 to $130.
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 Aug 19 ’24 when Richardson Scott A sold 4,675 shares for $129.51 per share. The transaction valued at 605,459 led to the insider holds 69,754 shares of the business.
Richardson Scott A sold 4,675 shares of CE for $604,992 on Aug 20 ’24. The EVP & COO now owns 65,079 shares after completing the transaction at $129.41 per share. On Aug 20 ’24, another insider, Richardson Scott A, who serves as the Officer of the company, bought 4,675 shares for $129.41 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CE now has a Market Capitalization of 14136577024 and an Enterprise Value of 26797598720. As of this moment, Celanese’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.36, and their Forward P/E ratio for the next fiscal year is 10.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 2.539 whereas that against EBITDA is 14.323.
Stock Price History:
Over the past 52 weeks, CE has reached a high of $172.16, while it has fallen to a 52-week low of $110.76. The 50-Day Moving Average of the stock is 0.18%, while the 200-Day Moving Average is calculated to be -11.01%.
Shares Statistics:
For the past three months, CE has traded an average of 907.05K shares per day and 947580 over the past ten days. A total of 108.91M shares are outstanding, with a floating share count of 108.80M. Insiders hold about 0.43% of the company’s shares, while institutions hold 103.33% stake in the company. Shares short for CE as of 1726185600 were 5194460 with a Short Ratio of 5.73, compared to 1723680000 on 4884688. Therefore, it implies a Short% of Shares Outstanding of 5194460 and a Short% of Float of 7.470000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for CE is 2.80, from 2.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020652013The stock’s 5-year Average Dividend Yield is 2.16.
