Noteworthy Stocks to Watch for: The Chemours Company (NYSE:CC)


The Chemours Company (NYSE:CC) added 4.66% and closed its last session at $24.72. The stock has the market capitalization of $4.5 Billion with the total outstanding shares of 181.84 Million. The Chemours Company. has Analysts’ Mean Recommendation of 2.6 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 30.22 for trailing twelve months while its Forward P/E is 13.67.

The Chemours Company (NYSE:CC) touched its 52-Week High of $24.87 on Nov 23, 2016 while it’s 52-Week Low of $3.06 on Jan 27, 2016. The company currently has Return on Assets of 2.4 percent, Return on Equity of 70.6% and Return on Investment of -0.8 percent. The stock currently showing Weekly Volatility of 4.13%% and Monthly Volatility of 4.27% Percent with Average True Range of 0.89 and Beta of 0.

The 8 analysts offering 12-month price forecasts for Chemours Co have a median target of 20.50, with a high estimate of 25.00 and a low estimate of 6.00. The median estimate represents a -17.07% decrease from the last price of 24.72.

Press Release:

The Company on 2 November declared that the Board of Directors of Chemours declared a quarterly cash dividend of $0.03 per share on the company’s common stock for the fourth quarter of 2016. The dividend will be paid on December 15, 2016 to stockholders of record as of the close of business on November 17, 2016.

Company Profile:

Chemours Company is involved in chemical business. It operating segment consists of Titanium Technologies, Fluoroproducts and Chemical Solutions. Titanium Technologies segment produces titanium dioxide and premium white pigment. Fluoroproducts segment provides fluoroproducts, refrigerants and industrial fluoropolymer resins. Chemical Solutions segment provides industrial and specialty chemicals. The company’s brand consists of Teflon(R), Ti-Pure(R), Krytox(R) Viton(R), Opteon(R) and Nafion(R). Chemours Company is headquartered in Wilmington.