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 36.42% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.94%, 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 2.26% in the last 1 week, and is up 36.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 15.39% and the fifty day Moving Average is 32.54%. The Chemours Company is up 38.72% in the last three month period. Year-to-Date the stock performance stands at 138.72%.
Chemours Company (The) (CC) stock is expected to deviate a maximum of $4.95 from the average target price of $13.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $10.
Chemours Company (The) (NYSE:CC): On Fridays trading session , Opening price of the stock was $12.91 with an intraday high of $13.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.6101. However, the stock managed to close at $12.66, a loss of 1.33% for the day. On the previous day, the stock had closed at $12.83. The total traded volume of the day was 2,962,637 shares.
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.