Celanese Corp (NYSE: CE) is -24.17% lower on its value in year-to-date trading and has touched a low of $36.29 and a high of $152.50 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 CE stock was last observed hovering at around $52.83 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $52.48, the stock is 0.44% and 7.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -0.66% at the moment leaves the stock -35.01% off its SMA200. CE registered -64.63% loss for a year compared to 6-month loss of -27.96%. The firm has a 50-day simple moving average (SMA 50) of $48.8658 and a 200-day simple moving average (SMA200) of $81.1182.
The stock witnessed a 15.59% gain in the last 1 month and extending the period to 3 months gives it a 11.61%, and is -0.04% down 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 1.85% over the week and 3.59% over the month.
Celanese Corp (CE) has around 12163 employees, a market worth around $5.74B and $10.06B in sales. Fwd P/E is 7.62. Profit margin for the company is -16.54%. Distance from 52-week low is 44.61% and -65.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.32%).
The EPS is expected to shrink by -38.54% this year.
Celanese Corp (CE) Top Institutional Holders
674.0 institutions hold shares in Celanese Corp (CE), with institutional investors hold 109.13% of the company’s shares. The shares outstanding are 109.40M, and float is at 108.85M with Short Float at 7.21%. Institutions hold 108.67% of the Float.
The top institutional shareholder in the company is CAPITAL RESEARCH GLOBAL INVESTORS with over 15.29 million shares valued at $2.06 billion. The investor’s holdings represent 13.991% of the CE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.01 million shares valued at $1.76 billion to account for 11.9057 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 11.13 million shares representing 10.1853% and valued at over $1.5 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 6.7914 of the shares totaling 7.42 million with a market value of $1.0 billion.
Celanese Corp (CE) Insider Activity
The most recent transaction is an insider purchase by Murray Mark Christopher, the company’s SVP – Acetyls. SEC filings show that Murray Mark Christopher bought 1,479 shares of the company’s common stock on May 23 ’25 at a price of $52.18 per share for a total of $77174.0. Following the purchase, the insider now owns 15468.0 shares.
Still, SEC filings show that on Mar 12 ’25, MOORTHY GANESH (Director) acquired 1,000 shares at an average price of $53.29 for $53290.0. The insider now directly holds 3,000 shares of Celanese Corp (CE).
