Chemours Co (CC): Bradley J Bell , director of Chemours Co purchased 10,000 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.65 per share for a total value of $96,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 29, 2016, Stephen D Newlin (director) purchased 10,000 shares at $4.95 per share price.On Feb 12, 2016, Mark Newman (SVP and CFO) sold 16 shares at $9.37 per share price.Also, On Nov 25, 2015, E Bryan Snell (President – Titanium Tech) purchased 15,000 shares at $5.99 per share price.On Nov 25, 2015, Thierry Fj Vanlancker (President – Fluoroproducts) purchased 15,000 shares at $6.00 per share price.
Shares of Chemours Co (CC) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -0.70% at $9.93 with 35,37,665 shares getting traded. Post opening the session at $9.88, the shares hit an intraday low of $9.45 and an intraday high of $9.94 and the price vacillated in this range throughout the day. The company has a market cap of $1,801 M and the number of outstanding shares has been calculated to be 18,13,76,950 shares. The 52-week high of Chemours Co is $22.25 and the 52-week low is $3.06.
Company has been under the radar of several Street Analysts.Chemours Co is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 14, 2016.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.