Celanese Corporation (NYSE:CE) went down by -2.14% from its latest closing price when compared to the 1-year high value of $119.29 and move down -9.81%, while CE stocks collected +2.06% of gains with the last five trading sessions.
Celanese Corporation (NYSE:CE) Worth an Investment?
Celanese Corporation (NYSE: CE) scored price to earnings ratio above its average ratio, recording 13.61 times of increase in earnings at the present.
CE Market Performance
CE stocks went up by 2.06% for the week, with the monthly jump of 0.54% and a quarterly performance of 7.34%, while its annual performance rate touched -6.31%. The simple moving average for the period of the last 20 days is -0.11% for CE stocks with the simple moving average of 7.63% for the last 200 days.
Analysts’ Opinion on Celanese Corporation (NYSE:CE)
Many brokerage firms have already submitted their reports for CE stocks, with JP Morgan repeating the rating for CE shares by setting it to “Overweight”. The predicted price for CE socks in the upcoming period according to JP Morgan is $120 based on the research report published on July 24, 2019.
Vertical Research, on the other hand, stated in their research note that they expect to see CE stock at the price of $120. The rating they have provided for CE stocks is “Hold” according to the report published on July 2, 2019.
Cowen gave “Market Perform” rating to CE stocks, setting the target price at $110 in the report published on July 1, 2019.
CE Stocks 2.07% Far from 50 Day Moving Average
After a stumble in the market that brought CE to its low price for the period of the last 52 weeks, Celanese Corporation was unable to take a rebound, for now settling with -8.94% of loss for the given period.
The stock volatility was left at 2.62%, however, within the period of a single month, the volatility rate increased by 2.34%, while the shares surge at the distance of +1.91% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +7.81% upper at the present time.
In the course of the last 5 trading sessions, CE went up by +2.06%, which changed the moving average for the period of 200 days to the total of +12.68% of gains for the stock in comparison to the 20-day moving average settled at $108.85. In addition, Celanese Corporation saw 20.74% in overturn over the period of a single year with a tendency to cut further gains.
CE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Celanese Corporation (CE), starting from WULFF JOHN K, who sold 9,175 shares at the price of $108.32 back on Apr 25. After this action, Rushing now owns 19,872 shares of Celanese Corporation, valued at $993,810 with the latest closing price.
CE Stock Fundamentals
The current profitability levels are settled at +18.57 for the present operating margin and +27.21 for gross margin. The net margin for Celanese Corporation stands at +16.94. Total capital return value is set at 19.19, while invested capital returns managed to touch 19.94. Equity return holds the value 33.60%, with 10.90% for asset returns.
Based on Celanese Corporation (CE), the company’s capital structure generated 118.33 points for debt to equity in total, while total debt to capital is set at the value of 54.20. Total debt to assets is settled at the value of 37.91 with long-term debt to equity ratio rests at 99.53 and long-term debt to capital is 45.59.
EBITDA value lies at +366.00 M with total debt to EBITDA carrying the value of 2.11. The value for Enterprise to Sales is 2.46 with debt to enterprise value settled at 0.23. The receivables turnover for Celanese Corporation is 5.62 with the total asset turnover at the value of 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.