Celanese Corp (CE) concluded trading on Thursday at a closing price of $50.54, with 4.2 million shares of worth about $212.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -61.57% during that period and on February 27, 2025 the price saw a loss of about -4.01%. Currently the company’s common shares owned by public are about 109.33M shares, out of which, 108.84M shares are available for trading.
Stock saw a price change of -3.93% in past 5 days and over the past one month there was a price change of -29.68%. Year-to-date (YTD), CE shares are showing a performance of -26.98% which decreased to -66.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $50.82 but also hit the highest price of $172.16 during that period. The average intraday trading volume for Celanese Corp shares is 2.77 million. The stock is currently trading -20.06% below its 20-day simple moving average (SMA20), while that difference is down -24.53% for SMA50 and it goes to -54.27% lower than SMA200.
Celanese Corp (NYSE: CE) currently have 109.33M outstanding shares and institutions hold larger chunk of about 102.56% of that.
The stock has a current market capitalization of $5.53B and its 3Y-monthly beta is at 1.21. 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 2.50. 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 4.51% while standing at 4.04% over the month.
Stock’s fiscal year EPS is expected to drop by -31.86% while it is estimated to increase by 38.54% 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 RBC Capital Mkts on February 20, 2025 offering a Sector perform rating for the stock and assigned a target price range of between $84 and $56 to it. Coverage by BofA Securities stated Celanese Corp (CE) stock as a Buy in their note to investors on January 14, 2025, suggesting a price target of $88 for the stock. On November 11, 2024, UBS Downgrade their recommendations, while on November 11, 2024, BMO Capital Markets Downgrade their ratings for the stock with a price target of $76. Stock get an Underweight rating from Piper Sandler on November 08, 2024.
