Celanese Corporation (CE) : During the past 4 weeks, traders have been relatively bearish on Celanese Corporation (CE), hence the stock is down -0.18% 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 -1.45% relative to the S&P 500. The 4-week change in the price of the stock is -0.31% and the stock has fallen -0.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.52% and the 50-Day Moving Average is 2.16%.The 200 Day SMA reached 1.78%. Celanese Corporation has dropped 9.09% during the last 3-month period . Year-to-Date the stock performance stands at -2.54%.
Celanese Corporation (NYSE:CE): After opening at $64.28, the stock dipped to an intraday low of $63.81 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $64.68 and the buying power remained strong till the end. The stock closed at $64.59 for the day, a gain of 1.32% for the day session. The total traded volume was 665,518. The stocks close on the previous trading day was $63.75.
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.