Stock To Watch: Chemtura Corp. (NYSE:CHMT)


The leading market experts have placed a mean price target of $33.80 on Chemtura Corp. (NYSE:CHMT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.44 a share for the upcoming quarter and $1.77 for the current fiscal.

Technical View

The technical analysis of Chemtura Corp. Common Stock plainly substantiates that the 50-day moving average of Chemtura Corp. Common Stock is $27.35, and stock is trading $3.18 points away or +11.61% from its 50-day moving average of $27.35. Further it is trading $3.81 or +14.27% away its 200-day moving average of $26.72. Chemtura Corp. (NYSE:CHMT) 52-week high is $32.34 and the 52-week low is $23.50.

This explains if the stock moves $-1.81, it will post a 52-week high. In event of +29.91% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Chemtura Corp. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Chemtura Corp. (NYSE:CHMT) ratio came in at 57.60.

The stock last ended the trading session at $30.53 and registered a market cap of $1.93B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Chemtura Corp. (NYSE:CHMT) PEG ratio is at 0.84.

1 Chart Pattern Every Investor Should Know

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