Price Action Alert: Could Chemours Co Lose Strenght? The Stock Increases A Lot Today

Price Action Alert: Could Chemours Co Lose Strenght? The Stock Increases A Lot Today

The stock of Chemours Co (NYSE:CC) is a huge mover today! About 3.83M shares traded hands or 76.50% up from the average. Chemours Co (NYSE:CC) has risen 139.83% since April 5, 2016 and is uptrending. It has outperformed by 137.88% the S&P500.
The move comes after 8 months positive chart setup for the $3.49B company. It was reported on Nov, 7 by Barchart.com. We have $23.50 PT which if reached, will make NYSE:CC worth $732.90M more.

Chemours Co (NYSE:CC) Ratings Coverage

Out of 8 analysts covering Chemours (NYSE:CC), 3 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 38% are positive. Chemours has been the topic of 16 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock of Chemours Co (NYSE:CC) has “Neutral” rating given on Thursday, August 11 by Citigroup. On Thursday, September 1 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Hold” rating on Tuesday, February 16 by Jefferies. The stock of Chemours Co (NYSE:CC) earned “Neutral” rating by JP Morgan on Friday, August 7. The company was initiated on Monday, July 27 by Susquehanna. The rating was upgraded by Goldman Sachs on Monday, March 14 to “Buy”. The rating was upgraded by JP Morgan on Friday, August 7 to “Underweight”. The firm has “Neutral” rating given on Friday, August 14 by Citigroup. UBS downgraded it to “Sell” rating and $9 target price in Tuesday, August 18 report. The firm has “Buy” rating given on Wednesday, August 10 by Argus Research.

According to Zacks Investment Research, “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.”

More notable recent Chemours Co (NYSE:CC) news were published by: Investorplace.com which released: “Trade of the Day: Chemours Co (NYSE:CC)” on October 26, 2016, also Fool.com with their article: “Chemours Co Surges After New Jury Verdict” published on July 08, 2016, Valuewalk.com published: “Chemours Co (CC) “Most Morally And Financially Bankrupt Company” Ever: Citron …” on June 02, 2016. More interesting news about Chemours Co (NYSE:CC) were released by: Valuewalk.com and their article: “Chemours Co (CC) Starts To Rally After Tanking On Wednesday” published on July 07, 2016 as well as Fool.com‘s news article titled: “Here’s Why Chemours Co Stock Popped Today” with publication date: February 24, 2016.

CC Company Profile

The Chemours Company, incorporated on February 18, 2014, is a well-known provider of performance chemicals. The Firm operates through three divisions: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Company’s Titanium Technologies segment produces titanium dioxide (TiO2). The Company’s Fluoroproducts segment provides fluoroproducts, such as refrigerants and industrial fluoropolymer resins. The Company’s Chemical Solutions segment provides industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers and other industries. The Firm operates approximately 30 production facilities located in over 10 countries and serves a range of end markets in over 130 countries.

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