Chemours Company (The) (NYSE:CC) Hits New 12-Month High at $46.35

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.

Magellan Asset Management Ltd Lowers Its Holdings in Starbucks Corporation (SBUX)
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.

Investors Sell Akorn, Inc. (NASDAQ:AKRX) on Strength (NASDAQ:AKRX)
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.

Oclaro, Inc. (NASDAQ:OCLR) Shares Bought by UBS Asset Management Americas Inc
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.

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).

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