Chemours Company (CC): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Chemours Announces Dates for Fourth Quarter 2023 Earnings Release and Webcast Conference Call.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Specialty Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $29.35 and fluctuated between $29.52 as its day high and $28.64 as its day low. The current market capitalization of Chemours Company is $4.36B. A total of 1.02 million shares were traded on the day, compared to an average of 1.23M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, CC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 2,547 shares. Over the last 12 months, there were 37 BUYs and 25 SELLs from insiders. Insiders purchased 643,064 shares during that period but sold 240,346.

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 income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CC in the last 3 months, the mean price target is $33.67 with high estimates of $45.00 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 $Citigroup, Inc. per share for the current quarter. EPS was calculated based on a consensus of CCSC Technology International H estimates, with a high estimate of $Canopy Growth Corporation per share and a lower estimate of $Carnival Corporation.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CC’s latest balance sheet shows that the firm has $1.45B in Cash & Short Term Investments as of fiscal 2021. There were $3.99B 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 3.63.

Most Popular

Related Posts