At the end of the latest market close, Celanese Corporation (CE) was valued at $105.17. In that particular session, Stock kicked-off at the price of $105.30 while reaching the peak value of $106.44 and lowest value recorded on the day was $104.58. The stock current value is $106.17.
Recently in News on September 2, 2020, Celanese Announces Acetyl Intermediates Price Increases. Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediates products. The price increases below are for orders shipped and will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases. You can read further details here
Celanese Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $124.59 on 01/02/20, with the lowest value was $52.70 for the same time period, recorded on 03/18/20.
Celanese Corporation (CE) full year performance was -6.72%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Celanese Corporation shares are logging -17.62% during the 52-week period from high price, and 101.46% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $52.70 and $128.88.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1314871 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Celanese Corporation (CE) recorded performance in the market was -13.77%, having the revenues showcasing 10.15% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.44B, as it employees total of 7714 workers.
The Analysts eye on Celanese Corporation (CE)
During the last month, 0 analysts gave the Celanese Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 89.85, with a change in the price was noted +24.07. In a similar fashion, Celanese Corporation posted a movement of +29.32% for the period of last 100 days, recording 909,538 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CE is recording 1.62 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.20.
Technical rundown of Celanese Corporation (CE)
Raw Stochastic average of Celanese Corporation in the period of last 50 days is set at 96.61%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.73%. In the last 20 days, the company’s Stochastic %K was 74.03% and its Stochastic %D was recorded 68.91%.
Considering, the past performance of Celanese Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -13.77%. Additionally, trading for the stock in the period of the last six months notably improved by 12.05%, alongside a downfall of -6.72% for the period of the last 12 months. The shares increased approximately by 3.29% in the 7-day charts and went down by 8.90% in the period of the last 30 days. Common stock shares were driven by 10.15% during last recorded quarter.