Chemours Company (The) (CC) has risen sharply, recording gains of 18.49% in the past 4 weeks. However, the stock has corrected -2.15% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 15.61% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Chemours Company (The) (NYSE:CC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.94 and $8.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.10, notching a gain of 1.79% for the day. The total traded volume was 1,782,460 . The stock had closed at $8.94 on the previous day.
The stock has recorded a 20-day Moving Average of 2.48% and the 50-Day Moving Average is 4.49%. The Chemours Company has dropped 11.04% during the last 3-month period . Year-to-Date the stock performance stands at 71.14%.
Chemours Company (The) (CC) : Average target price received by Chemours Company (The) (CC) is $11.33 with an expected standard deviation of $3.21. The most aggressive target on the stock is $15, whereas the most downbeat target is $9. 3 financial analysts are currently covering the stock.
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.