Alert: Positive Investment/Fundamental Signals (12/11/23)-The Chemours Co (NYSE: CC)


Recent extremely meaningful positive changes in investment behavior have benefitted The Chemours Co (NYSE: CC): its shorter term price trend turned up, and positive upside/downside volume developed.

The Chemours Co (NYSE: CC) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

CC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Chemours has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Chemours has a good Appreciation Score of 74 but a slightly negative Power Rating of 38, producing the Neutral Value Trend Rating.

Recent Price Action

On 12/11/23, The Chemours Co (NYSE: CC) stock rose modestly by 0.4%, closing at $29.02. However, trading volume in this advance was unusually low at 53% of normal. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.

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