Celanese Corp (CE) concluded trading on Wednesday at a closing price of $54.91, with 13.06 million shares of worth about $717.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -57.45% during that period and on February 19, 2025 the price saw a loss of about -21.46%. Currently the company’s common shares owned by public are about 109.31M shares, out of which, 108.80M shares are available for trading.
Stock saw a price change of -17.81% in past 5 days and over the past one month there was a price change of -24.38%. Year-to-date (YTD), CE shares are showing a performance of -20.66% which decreased to -63.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $64.05 but also hit the highest price of $172.16 during that period. The average intraday trading volume for Celanese Corp shares is 2.52 million. The stock is currently trading -20.78% below its 20-day simple moving average (SMA20), while that difference is down -20.45% for SMA50 and it goes to -51.72% lower than SMA200.
Celanese Corp (NYSE: CE) currently have 109.31M outstanding shares and institutions hold larger chunk of about 102.58% of that.
The stock has a current market capitalization of $6.00B and its 3Y-monthly beta is at 1.17. It has posted earnings per share of -$13.92 in the same period. It has Quick Ratio of 0.74 while making debt-to-equity ratio of 2.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CE, volatility over the week remained 4.72% while standing at 3.42% over the month.
Stock’s fiscal year EPS is expected to drop by -6.60% while it is estimated to increase by 26.37% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on January 14, 2025 offering a Buy rating for the stock and assigned a target price range of between $95 and $88 to it. Coverage by UBS stated Celanese Corp (CE) stock as a Neutral in their note to investors on November 11, 2024, suggesting a price target of $97 for the stock. On November 11, 2024, BMO Capital Markets Downgrade their recommendations, while on November 08, 2024, Piper Sandler Downgrade their ratings for the stock with a price target of $98. Stock get a Buy rating from Deutsche Bank on November 06, 2024.
