Celanese Corporation (CE) Shares are Down -0.42%

Celanese Corporation (CE) : During the past 4 weeks, traders have been relatively bearish on Celanese Corporation (CE), hence the stock is down -5.63% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.95% relative to the S&P 500. The 4-week change in the price of the stock is -7.54% and the stock has fallen -0.42% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.65% and the 50-Day Moving Average is 6.69%.The 200 Day SMA reached 6.32% Celanese Corporation has dropped 12.01% during the last 3-month period . Year-to-Date the stock performance stands at -7.5%.


Celanese Corporation (CE) : The consensus price target for Celanese Corporation (CE) is $75.13 for the short term with a standard deviation of $5.96. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $83, however, the pessimist price target for the company is $65.

Company shares have received an average consensus rating of Hold for the current week Celanese Corporation (NYSE:CE): stock was range-bound between the intraday low of $60.96 and the intraday high of $61.66 after having opened at $61.5 on Fridays session. The stock finally closed in the red at $61.5, a loss of -1.16%. The stock remained in the red for the whole trading day. The total traded volume was 987,791 shares. The stock failed to cross $61.66 in Fridays trading. The stocks closing price on Thursday was $61.3.

Celanese Corporation is a technology and specialty materials company. The Companys business involves processing chemical raw materials, such as methanol, carbon monoxide and ethylene, and natural products, including wood pulp into chemicals, thermoplastic polymers and other chemical-based products. It has four business segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. The Advanced Engineering segment products include polyoxymethylene, ultra-high molecular weight polyethylene, polybutylene terephthalate, and liquid crystal polymers, among others. Consumer Specialties products include acetate tow, acetate flakes, acetate film and high intensity sweeteners, among others. Industrial Specialties products include conventional emulsions, vinyl acetate ethylene emulsions and ethylene vinyl acetate, among others. Acetyl Intermediates include acetic acid, vinyl acetate monomer, acetic anhydride and acetaldehyde, among others.

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