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


The leading market experts have placed a mean price target of $34.20 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 $0.49 a share for the upcoming quarter and $1.79 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 $26.78, and stock is hovering -0.58 or -2.16% distant from $26.78. It is noted that the 200-day MA is $26.39, and Chemtura Corp. Common Stock stock is $-0.19 or -0.71% off from this point. Chemtura Corp. (NYSE:CHMT) 52-week high is $32.34 and the 52-week low is $23.50. This explains if the stock moves $-6.14, it will post a 52-week high. In event of $+11.49% points 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 87.92. The stock last ended the trading session at $26.20 and registered a market cap of $1.68B. 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 0.74.

1 Chart Pattern Every Investor Should Know

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