Chemtura Corp. Common Stock (NYSE:CHMT):
CHEMTURA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Chemtura Corporation.
The company is now up from yesterday’s close of $32.64.
Company shares last traded at $32.70 which is just a bit higher than $29.44, the 50 day moving average and just a bit higher than the 200 day moving average of $27.60. The 50 day moving average moved up $3.25 whereas the 200 day average was up by +18.45%.
The P/E ratio is currently 61.68 and the market cap is 2.07B. As of the latest earnings report the EPS was $0.53 and is expected to be $1.77 for the current year with 63,207,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.44 and the next full year EPS is projected to be $2.12.
Brokerage analysts have released opinions on Chemtura Corp. Common Stock recently. On September 27 the company was set at “Hold” according to a Gabelli & Co. report which is down from the previous “” rating. On September 26, 2016 the stock rating was changed to a “Neutral” by SunTrust Robinson Humphrey a cut from the previous “” rating.
On September 9 the company was downgraded from “” to “Neutral” by Baird. On April 26 the stock rating was upgraded to “Buy” from “” in a report from BB&T Capital.
On April 5 the company was rated “Overweight” in a report from KeyBanc which was a boost from the previous “Sector Weight” rating. On October 30 the company was rated “Buy” according to a Seaport Global Securities report up from the previous “” rating.