The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. Finally, J P Morgan Chase & Co raised shares of Chemours Company (The) from a neutral rating to an overweight rating and boosted their target price for the stock from $39.00 to $50.00 in a research report on Friday, May 12th. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. The institutional investor bought 6,200 shares of the specialty chemicals company's stock, valued at approximately $235,000. The stock price also has got the drift of 40.33% from the 200-day moving average. UBS AG restated a "sell" rating and issued a $36.00 price target (up previously from $35.00) on shares of Chemours Company (The) in a report on Wednesday, June 14th. Benjamin F. Edwards & Company Inc. increased its stake in Chemours Company (The) by 2,138.8% in the second quarter. The company generated a return on equity (ROE) of 81.60%.
The company is so far trading down by -1.97 percent from yesterday's close. The value of the company's investment in Chemours Company (The) increased from $16,134,000 to $22,822,000 increasing 41.5% since the last quarter. Finally, Jefferies Group LLC increased their price target on shares of Chemours Company (The) to $60.00 and gave the company a "buy" rating in a report on Thursday, August 3rd.
Public Employees Retirement System of OH held its stake in Chemours Company (The) (NYSE:CC) during the first quarter, according to its most recent Form 13F filing with the SEC. Citigroup Inc. boosted their target price on Chemours Company (The) from $45.00 to $59.00 and gave the company a "buy" rating in a research note on Friday, August 4th.
Many analysts have provided their estimated foresights on The Chemours Company Earnings, with 7 analysts believing the company would generate an Average Estimate of $1.02. 1 and 2 is equivalent to a buy, 3 a hold, and 4 and 5 a sell rating. James Investment Research Inc. acquired a new position in Chemours Company (The) during the first quarter valued at approximately $505,000. FMR LLC now owns 14,925,373 shares of the specialty chemicals company's stock valued at $574,627,000 after buying an additional 3,998,914 shares during the period. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.49 billion.
The Chemours Company (CC) stock marked a gap of -10.17% off its 52 week- peak price value and pointed turn of 375.05% from its 52 week-bottom price value. During the same period in the previous year, the firm posted $0.27 earnings per share. The business's revenue for the quarter was up 14.8% on a year-over-year basis.
Analysts' mean recommendation for The Chemours Company (CC) stands at 1.90.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Renaissance Technologies LLC now owns 3,031,400 shares of the specialty chemicals company's stock worth $116,709,000 after buying an additional 1,746,100 shares during the period. Shareholders of record on Thursday, August 17th will be given a $0.03 dividend. The ex-dividend date will be Monday May 15th, 2017. The dividend yield will be $0.25.
TRADEMARK VIOLATION NOTICE: This article was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & global copyright law. During its last trading session, Stock traded with the total exchanged volume of 4.4 million shares.
In other Chemours Company (The) news, VP Erich Parker sold 4,908 shares of the stock in a transaction dated Tuesday, May 16th. Fluoroproducts disclosed the sale of 19,036 shares of CC stock. The shares were sold at an average price of $45.53, for a total transaction of $223,461.24. The correct version of this article can be read at https://www.thecerbatgem.com/2017/08/11/chemours-company-the-nysecc-cut-to-hold-at-bidaskclub.html.
Looking about the past performance history, the company plunged -1.54% for the last five trades and expanded 15.54% in one month period. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Fluoroproducts segment is a provider of fluoroproducts, including refrigerants and industrial fluoropolymer resins. The Titanium Technologies segment is a producer of titanium dioxide (TiO2).
The Pennsylvania-based Brandywine Global Ltd Liability Corporation has invested 0.06% in BorgWarner Inc. (NASDAQ:SCSC). Wedbush reaffirmed a "hold" rating on shares of Starbucks Corporation in a research report on Friday, July 28th.
Trexquant Investment LP purchased a new stake in Advanced Micro Devices during the first quarter worth approximately $706,000. Chicago Equity Partners Llc increased Ebix Inc (NASDAQ:EBIX) stake by 5,940 shares to 23,395 valued at $1.34M in 2016Q4.
The FAA will investigate and the National Transportation Safety Board will determine the probable cause of the crash. A small plane has crashed in western CT , killing one person and injuring two others.
Medel joins Besiktas along with a huge wealth of other talent as the club look to continue their domination of Turkish football. The video reveals new signing Jeremain Lens calling a "middle man" in his attempts to bring Medel into the club.
It dropped, as 46 investors sold EPD shares while 258 reduced holdings. 116 funds opened positions while 609 raised stakes. Ameriprise Financial Inc. increased its stake in shares of Enterprise Products Partners L.P.by 38.0% in the first quarter.
TheStreet lowered the stock of Akorn from a "b-" recommendation to a "c" recommendation in a analysis report on Tue, Aug 1st. Finally, Louisiana State Employees Retirement System increased its position in shares of Akorn by 1.4% in the first quarter.
It dropped, as 86 investors sold BMY shares while 529 reduced holdings. 126 funds opened positions while 468 raised stakes. Staley Capital Advisers added additional shares of Bristol-Myers Squibb by 0.3% in the Q1. (NASDAQ:CA) for 647,681 shares.
Conte said: "It's simple". "I am pleased because we are working well with this team and this group of players". Antonio Rudiger could come in for Moses, with Cesar Azpilicueta pushing forwards to right wing-back.
The firm owned 12,689 shares of the real estate investment trust's stock after selling 100 shares during the period. Mcf Ltd Limited Liability Company has invested 0% of its portfolio in Simon Property Group Inc (NYSE:SPG).
Under the state Act of 1976, there was a ban on cow slaughter and possession and consumption of the meat. The police will also be able to enter people's homes to carry out searches, reported Times of India .
Legato Capital Management LLC acquired a new position in shares of Oclaro during the second quarter worth approximately $417,000. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03.
Miffed NCP skips meeting called by Sonia
Sharad Yadav on Thursday declared in Patna that he was still with the Grand Alliance of the RJD and the Congress in Bihar. NCP on Friday alleged that Congress is spreading lies in spite the fact that NCP voted for Ahmed Patel, reports ANI.
Santee Cooper Cancels Rate Increases
It is important that we hold the line on costs, and Santee Cooper's talented and dedicated workforce will rise to the occasion". Summer expansion. "We will tighten our belts and continue to look for ways we can be more efficient to make up the balance.
Harry Potter Fans You Need To Know This
Primark have been smashing the themed collections in recent months, with Beauty And The Beast merchandise selling the fastest. If you're a diehard Harry Potter fan, or you just love a new set of PJs then you're guaranteed be totally obsessed.
Jimmy Kimmel's update on his newborn son's health
Despite the progress, Kimmel revealed that Billy will still have to undergo two more open heart surgeries. At that point, I knew there was nothing I could do. "I would love to talk to him about this", Kimmel said.
Intel promises a fleet of 100 autonomous cars this year
Intel will be using different brands and vehicle types for its tests to help demonstrate the "agnostic nature" of this technology. BMW , Nissan , and Volkswagen vehicles are likely test mules, because those carmakers already have a relationship with Mobileye .
Lord Says He Respects CNN, Disagrees With Firing
Lord is a former Reagan administration staffer who is now a columnist for the conservative magazine The American Spectator . He even spoke to CNN's Brian Stelter on Thursday after he was sacked to say that he still loved the network.