Chemours Company’s recently made public that its SVP Corp Communications & CBO Scarborough Alvenia unloaded Company’s shares for reported $0.15 million on Nov 07 ’24. In the deal valued at $20.64 per share,7,500 shares were sold. As a result of this transaction, Scarborough Alvenia now holds 16,645 shares worth roughly $0.32 million.
Then, Scarborough Alvenia bought 7,500 shares, generating $150,000 in total proceeds.
Before that, Picho Diane I. sold 2,684 shares. Chemours Company shares valued at $50,519 were divested by the Interim Pres. – Titanium Tech at a price of $18.82 per share. As a result of the transaction, Picho Diane I. now holds 19,890 shares, worth roughly $0.38 million.
Truist initiated its Chemours Company [CC] rating to a Buy in a research note published on January 28, 2025; the price target was $27. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Mizuho began covering CC with “Neutral” recommendation on June 07, 2024. BMO Capital Markets revised its rating on April 09, 2024. It rated CC as “an Outperform” which previously was an “an Underperform”.
Price Performance Review of CC
On Friday, Chemours Company [NYSE:CC] saw its stock fall -1.86% to $18.99. Over the last five days, the stock has lost -3.46%. Chemours Company shares have risen nearly 12.37% since the year began. Nevertheless, the stocks have fallen -38.78% over the past one year. While a 52-week high of $31.76 was reached on 01/21/25, a 52-week low of $15.10 was recorded on 01/03/25. SMA at 50 days reached $19.21, while 200 days put it at $21.37.
Levels Of Support And Resistance For CC Stock
The 24-hour chart illustrates a support level at 18.75, which if violated will result in even more drops to 18.51. On the upside, there is a resistance level at 19.33. A further resistance level may holdings at 19.67. The Relative Strength Index (RSI) on the 14-day chart is 51.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.93%. Stochastics %K at 60.96% indicates the stock is a holding.
How much short interest is there in Chemours Company?
A steep rise in short interest was recorded in Chemours Company stocks on 2025-01-15, growing by 0.16 million shares to a total of 7.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.15 million shares. There was a rise of 2.2%, which implies that there is a positive sentiment for the stock.
