Shares of Chemours Co. (NYSE:CC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $13.42 and last traded at $13.27, with a volume of 2,649,772 shares traded. The stock had previously closed at $12.66.

CC has been the subject of several research analyst reports. JPMorgan Chase & Co. reiterated a “hold” rating on shares of Chemours in a research report on Wednesday, May 4th. Barclays PLC lifted their target price on Chemours from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Monday, May 9th. Zacks Investment Research downgraded Chemours from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. Argus reiterated a “hold” rating on shares of Chemours in a research report on Friday, May 13th. Finally, Vetr downgraded Chemours from a “hold” rating to a “sell” rating and set a $7.56 target price for the company. in a research report on Wednesday, June 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $10.44.

The stock’s market cap is $2.41 billion. The company’s 50-day moving average is $10.28 and its 200 day moving average is $8.49.

Chemours (NYSE:CC) last released its quarterly earnings data on Tuesday, August 9th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.10. The business earned $1.38 billion during the quarter, compared to analysts’ expectations of $1.42 billion. The company’s revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) EPS. Equities research analysts forecast that Chemours Co. will post $0.94 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 17th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, August 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.90%.

An institutional investor recently raised its position in Chemours stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in Chemours Co. (NYSE:CC) by 213.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 193,735 shares of the company’s stock after buying an additional 131,875 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.11% of Chemours worth $1,038,000 at the end of the most recent quarter.

The Chemours Company is a provider of performance chemicals. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Company’s Titanium Technologies segment manufactures titanium dioxide (TiO2), which is a pigment used to deliver whiteness, opacity, brightness and protection from sunlight in applications, such as architectural and industrial coatings, plastic packaging, polyvinyl chloride (PVC) window profiles, laminate papers, coated paper and coated paperboard used for packaging.

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