After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Chemours Company (CC) shows that investor sentiment remained same, with the stock’s consolidated last price to $27.28. The Chemours Company has recorded 45,870 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Chemours Announces Capacity Increase of HFC-152a, Providing Reliable, Domestic Supply of Low Global Warming Potential Solution.
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Stocks Info
Chemours Company is listed on the NYSE in the Basic Materials sector while operating in the Specialty Chemicals industry. At the end of the last regular session, the stock closed at $27.28 and fluctuated between $27.33 as its day high and $26.74 as its day low. The current market capitalization of Chemours Company is $4.05B. A total of 1.52 million shares were traded on the day, compared to an average of 1.19M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 38 BUYs and 24 SELLs from insiders. Insiders purchased 648,983 shares during that period but sold 237,381.
In the most recent transaction, Newman Mark bought 7,661 shares of CC for 34.63 per share on Jun 09. After the transaction, the President and CEO now owns 266,955 company shares. In a previous transaction on Jun 09, Scarborough Alvenia sold 5,125 shares at 32.30 per share. CC shares that SVP Corp Communications & CBO owns now total 13,890.
Among the insiders who sold shares, Abbott Matthew S disposed of 8,912 shares on Jun 08 at a per-share price of $34.20. This resulted in the SVP, Chief Enterprise Transfor holding 29,869 shares of CC after the transaction. In another insider transaction, Bellezza Alisha sold 27,716 shares at $35.47 per share on Mar 06. Company shares held by the President, Thermal Spec Solns now total 43,931.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. CC’s most recent ex-dividend date was 11/14/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/14/2023. The CC stock dividend was $0.25 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CC in the last 3 months, the mean price target is $31.44 with high estimates of $41.00 and low estimates of $26.00. In terms of 52-week highs and lows, CC has a high of $39.05 and a low of $22.88.
As of this writing, CC has an earnings estimate of $Carnival Corporation per share for the current quarter. EPS was calculated based on a consensus of Citigroup, Inc. estimates, with a high estimate of $Cameco Corporation per share and a lower estimate of $Canopy Growth Corporation.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CC’s latest balance sheet shows that the firm has $1.45B in Cash & Short Term Investments as of fiscal 2021. There were $3.93B in debt and $1.86B in liabilities at the time. Its Book Value Per Share was $5.09, while its Total Shareholder’s Equity was $1.08B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CC is Buy with a score of 3.44.
