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 $0.22 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 $0.26 million.
Mizuho upgraded its Chemours Company [CC] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. UBS also remained covering CC and has increased its forecast on July 09, 2024 with a “Buy” recommendation from previously “Neutral” rating. Mizuho started covering the stock on June 07, 2024. It rated CC as “a Neutral”.
Price Performance Review of CC
On Tuesday, Chemours Company [NYSE:CC] saw its stock fall -4.21% to $12.96. Over the last five days, the stock has lost -8.41%. Chemours Company shares have fallen nearly -23.31% since the year began. Nevertheless, the stocks have fallen -50.65% over the past one year. While a 52-week high of $29.21 was reached on 01/21/25, a 52-week low of $13.09 was recorded on 04/01/25. SMA at 50 days reached $16.21, while 200 days put it at $19.11.
Levels Of Support And Resistance For CC Stock
The 24-hour chart illustrates a support level at 12.66, which if violated will result in even more drops to 12.37. On the upside, there is a resistance level at 13.32. A further resistance level may holdings at 13.68. The Relative Strength Index (RSI) on the 14-day chart is 33.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.67%. Stochastics %K at 19.28% indicates the stock is a buying.
How much short interest is there in Chemours Company?
A steep rise in short interest was recorded in Chemours Company stocks on 2025-03-14, growing by 2.79 million shares to a total of 10.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.74 million shares. There was a rise of 26.47%, which implies that there is a positive sentiment for the stock.
