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Positives for Chemours Company (CC) as stock gains in recent trading

Chemours Company (NYSE: CC) is -8.97% lower on its value in year-to-date trading and has touched a low of $15.10 and a high of $39.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CC stock was last observed hovering at around $28.90 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $28.71, the stock is 6.51% and 7.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -0.66% at the moment leaves the stock -0.70% off its SMA200. CC registered 1.92% gain for a year compared to 6-month gain of 18.10%.

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The stock witnessed a 8.42% loss in the last 1 month and extending the period to 3 months gives it a -7.92%, and is 4.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.17% over the week and 3.42% over the month.

Chemours Company (CC) has around 6200 employees, a market worth around $4.27B and $5.84B in sales. Fwd P/E is 7.58. Profit margin for the company is -5.65%. Distance from 52-week low is 90.13% and -26.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.71%).

The EPS is expected to shrink by -23.29% this year.

Chemours Company (CC) Top Institutional Holders

The shares outstanding are 148.59M, and float is at 147.11M with Short Float at 3.90%.

Chemours Company (CC) Insider Activity

The most recent transaction is an insider purchase by Newman Mark,the company’sPresident and CEO. SEC filings show that Newman Mark bought 7,661 shares of the company’s common stock on Jun 09 ’23 at a price of $34.63 per share for a total of $0.27 million. Following the purchase, the insider now owns 0.27 million shares.

Chemours Company disclosed in a document filed with the SEC on Jun 09 ’23 that Scarborough Alvenia (SVP Corp Communications & CBO) sold a total of 5,125 shares of the company’s common stock. The trade occurred on Jun 09 ’23 and was made at $32.30 per share for $0.17 million. Following the transaction, the insider now directly holds 13890.0 shares of the CC stock.

Still, SEC filings show that on Jun 08 ’23, Abbott Matthew S (SVP, Chief Enterprise Transfor) disposed off 8,912 shares at an average price of $34.20 for $0.3 million. The insider now directly holds 29,869 shares of Chemours Company (CC).

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