In the past week, CE stock has gone up by 7.81%, with a monthly gain of 4.66% and a quarterly plunge of -47.71%. The volatility ratio for the week is 3.16%, and the volatility levels for the last 30 days are 2.76% for Celanese Corp The simple moving average for the past 20 days is 4.97% for CE’s stock, with a -42.81% simple moving average for the past 200 days.
Is It Worth Investing in Celanese Corp (NYSE: CE) Right Now?
The price-to-earnings ratio for Celanese Corp (NYSE: CE) is above average at 7.15x. The 36-month beta value for CE is also noteworthy at 1.16. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 rating it as “hold,” and 2 rating it as “sell.”
The public float for CE is 108.84M, and at present, short sellers hold a 5.80% of that float. The average trading volume of CE on January 14, 2025 was 2.45M shares.
CE) stock’s latest price update
Celanese Corp (NYSE: CE) has seen a rise in its stock price by 5.68 in relation to its previous close of 67.38. However, the company has experienced a 7.81% gain in its stock price over the last five trading sessions. accesswire.com reported 2025-01-13 that LOS ANGELES, CA / ACCESSWIRE / January 13, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Celanese Corporation (“Celanese” or “the Company”) (NYSE:CE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Analysts’ Opinion of CE
UBS, on the other hand, stated in their research note that they expect to see CE reach a price target of $97, previously predicting the price at $161. The rating they have provided for CE stocks is “Neutral” according to the report published on November 11th, 2024.
BMO Capital Markets gave a rating of “Underperform” to CE, setting the target price at $76 in the report published on November 11th of the previous year.
CE Trading at -5.43% from the 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, the company was unable to rebound, for now settling with -58.64% of loss for the given period.
Volatility was left at 2.76%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +3.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.88% lower at present.
During the last 5 trading sessions, CE rose by +7.92%, which changed the moving average for the period of 200-days by -57.98% in comparison to the 20-day moving average, which settled at $67.84. In addition, Celanese Corp saw 2.89% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CE starting from Richardson Scott A, who sale 4,675 shares at the price of $129.51 back on Aug 19 ’24. After this action, Richardson Scott A now owns 69,754 shares of Celanese Corp, valued at $605,459 using the latest closing price.
Richardson Scott A, the EVP & COO of Celanese Corp, sale 4,675 shares at $129.41 during a trade that took place back on Aug 20 ’24, which means that Richardson Scott A is holding 65,079 shares at $604,992 based on the most recent closing price.
Stock Fundamentals for CE
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.23 for the gross margin
The net margin for Celanese Corp stands at 0.1. The total capital return value is set at 0.05. Equity return is now at value 15.97, with 4.27 for asset returns.
Based on Celanese Corp (CE), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.78. The interest coverage ratio of the stock is 1.51.
Currently, EBITDA for the company is 2.61 billion with net debt to EBITDA at 5.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 5.1for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
In summary, Celanese Corp (CE) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
