Chemours to discontinue sales of some Freon products in U.S.
Seeking Alpha News (Thu, 2-May 8:46 AM ET)
Chemours Discontinues U.S. Sales of Legacy Freon Refrigerants 404A and 507
Business Wire (Thu, 2-May 6:45 AM ET)
Globe Newswire (Wed, 1-May 10:13 PM ET)
Globe Newswire (Wed, 1-May 6:54 PM ET)
PRNewswire (Wed, 1-May 3:45 PM ET)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Chemours
Globe Newswire (Wed, 1-May 9:45 AM ET)
Chemours Company (CC) Gets a Hold from Barclays
TipRanks (Wed, 1-May 3:35 AM ET)
PRNewswire (Wed, 1-May 2:33 AM ET)
Globe Newswire (Tue, 30-Apr 10:23 PM ET)
Globe Newswire (Tue, 30-Apr 7:51 PM ET)
The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, the company derives a majority of its revenue from North America.
Chemours Company trades on the NYSE stock market under the symbol CC.
As of May 2, 2024, CC stock price climbed to $26.02 with 67,668 million shares trading.
CC has a beta of 1.57, meaning it tends to be more sensitive to market movements. CC has a correlation of 0.11 to the broad based SPY ETF.
CC has a market cap of $3.87 billion. This is considered a Mid Cap stock.
Last quarter Chemours Company reported $1 billion in Revenue and $.32 earnings per share. This met revenue expectation and exceeded earnings estimates by $.14.
In the last 3 years, CC stock traded as high as $44.95 and as low as $15.10.
The top ETF exchange traded funds that CC belongs to (by Net Assets): IJH, VTI, VB, DVY, VBR.
CC has underperformed the market in the last year with a price return of -9.2% while the SPY ETF gained +22.5%. CC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.6% and -1.3%, respectively, while the SPY returned +3.0% and +0.3%, respectively.
CC support price is $25.26 and resistance is $26.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CC stock will trade within this expected range on the day.