Chemours Co Insider Buying Update: Stephen D Newlin Buys 10,000 Company Shares

Chemours Co Executive reported Insider buying to the SEC on Feb 29, 2016 in a Form 4 Filing. Stephen D Newlin , director of Chemours Co purchased 10,000 shares on Feb 26, 2016. The shares were purchased at $4.95 per share for a total value of $49,449.50.

In the past twelve weeks, the net percent change held by company insiders has changed by 15.22%.Institutional Investors own 69.5% of Chemours Co shares.During last six month period, the net percent change held by insiders has seen a change of 27.7%.

Chemours Co Last issued its quarterly earnings results on Feb 23, 2016. The company reported $0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.09. The company had revenue of $1360.00 million for the quarter, compared to analysts expectations of $1326.81 million. The company’s revenue was down -12.2 % compared to the same quarter last year.

Chemours Co: On Friday, Feb 29, 2016 heightened volatility was witnessed in Chemours Co which led to swings in the share price. The shares opened for trading at $4.9 and hit $5.3 on the upside , eventually ending the session at $5.13, with a gain of 4.69% or 0.23 points. The heightened volatility saw the trading volume jump to 28,46,399 shares. The 52-week high of the share price is $22.25 and the company has a market cap of $928 M . The 52-week low of the share price is at $3.06.

Chemours Co Money Flow Index Chart

Company has been under the radar of several Street Analysts.Chemours Co is Downgraded by Jefferies to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 16, 2016.

The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets including plastics and coatings refrigeration and air conditioning general industrial and mining and oil refining. The Company operates through three segments: Titanium Technologies Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands including Suva ISCEON Freon Opteon Teflon Tefzel Viton Krytox Formacel Dymel FM 200 Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands including Virkon and Oxone. The Company’s products include titanium dioxide refrigerants industrial fluoropolymer resins sodium cyanide sulfuric acid and aniline.

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