Chemours Company (The) (CC) : Traders are bullish on Chemours Company (The) (CC) as it has outperformed the S&P 500 by a wide margin of 20.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 13.06%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 13.66% in the last 1 week, and is up 17.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 11.44% and the 50-Day Moving Average is 33.76%.The 200 Day SMA reached 86.43% The Chemours Company is up 63.66% in the last 3-month period. Year-to-Date the stock performance stands at 174.54%.
Chemours Company (The) (CC) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $17 and the lowest price target forecast is $15. The average forecast of all the analysts is $16 and the expected standard deviation is $1.41.
Company shares have received an average consensus rating of Hold for the current week Chemours Company (The) (NYSE:CC): The stock opened at $13.75 and touched an intraday high of $14.6 on Friday. During the day, the stock corrected to an intraday low of $13.71, however, the bulls stepped in and pushed the price higher to close in the green at $14.56 with a gain of 6.28% for the day. The total traded volume for the day was 4,858,655. The stock had closed at $14.56 in the previous trading session.
The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets, including plastics and coatings, refrigeration and air conditioning, general industrial, and mining and oil refining. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands, including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands, including Suva, ISCEON, Freon, Opteon, Teflon, Tefzel, Viton, Krytox, Formacel, Dymel, FM 200, Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands, including Virkon and Oxone. The Companys products include titanium dioxide, refrigerants, industrial fluoropolymer resins, sodium cyanide, sulfuric acid and aniline.