If you are invested in Chemours Co (CC), these are your odds of winning
What’s up with Chemours Co?
Chemours Co (CC) opened at $12.04, which means the stock is down 6.12% from yesterday’s closing price of 12.46. Today, the company has a high of $12.09 and a low of $11.46. The company has a market cap of $1.93 billion with a 52-week high of $36.31 and a 52-week low of $7.02.
What about the future for Chemours Co
The high forecast for Chemours Co is 19.00 while the low is 8.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Chemours Co has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy.. Based on this information CC seems to be a risky buy.
About Chemours Co
The Chemours Co. is a holding company, which engages in the provision of performance chemicals. It operates through the following segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Titanium Technologies segment produces titanium dioxide. The Fluoroproducts segment supplies refrigerants and industrial fluoropolymer resins. The Chemical Solutions segment provides chemicals used in gold production, oil refining, agriculture, and industrial polymers. The firm offers refrigerants, industrial fluoropolymer resins, sodium cyanide, performance chemicals and intermediates, and titanium dioxide pigments to the plastics and coatings, refrigeration and air conditioning, general industrial, electronics, mining, and oil refining markets. The company was founded on February 18, 2014 and is headquartered in Wilmington, Delaware.