Home Sectors Basic Materials Present Technicals: Chemours Company (NYSE: CC)

Present Technicals: Chemours Company (NYSE: CC)

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Chemours Company is in the basic materials sector and trades as part of the chemicals industry. The company CEO is Mark P. Vergnano. The Chemours Co is a chemical manufacturing company that produces and develops titanium technologies, fluoroproducts and chemical solutions. It also produces refrigerants and industrial resins.

Previous Intraday Trading Performance:

The CC stock showed a previous change of 1.46% with an open at 36.40 and a close of 36.89. It reached an intraday high of 37.03 and a low of 36.40.

SeekingAlpha:  Revisiting Chemours Company

Liquidity:

The stock has a market cap of $6.3b with 171.1m shares outstanding, of which the float is 170.0m shares. Trading volume reached 1,062,848 shares compared to its average volume of 1,532,674 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Chemours Company shares returned -1.84% and in the past 30 trading days it returned 32.89%. Over three months, it changed 18.51%. In one year it has changed -21.11% and within that year its 52-week high was 53.25 and its 52-week low was 25.17. CC stock is 46.56% above its 52 Week Low.

Our calculations show a 200 day moving average of 39.85 and a 50 day moving average of 31.22. Currently CC stock is trading -7.43% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Revisiting Chemours Company

Earnings:

The last annual fiscal EPS for the company was reported at 3.9 that ended on 31st of December 2017, which according to the previous close, that is a PE of 9.46. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.04. The TTM EPS is 5.80, which comes to a TTM PE of 6.36.

The following are the last four quarter reported earnings per share:
09-30-2018:  1.49
06-30-2018:  1.71
03-31-2018:  1.41
12-31-2017:  1.19

The dividend per share is currently 1.00, which is a dividend yield of 2.71%. Also, the payout ratio is 17.24%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 45.56, which means it is possibly undervalued and has a margin of safety of 19.03%

Indicators to Watch:

Based on the latest filings, there is 0.60% of insider ownership and 138.50% of institutional ownership. Short-interest is 5,427,092, which is 3.17% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.68. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.22

SeekingAlpha:  NUVA and NGL among premarket gainers

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 111.44%, return on assets is 14.78%, profit margin is 16.51%, price-to-sales is 1.20 and price-to-book is 5.46.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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