
Celanese Corporation (CE)
54.33 USD +6.12 (+12.69%) Volume: 5.77M
Explore the robust performance of Celanese Corporation’s stock price, currently at 54.33 USD, with a significant uptick of +12.69% this trading session, a trading volume of 5.77M, despite a YTD decrease of -22.29%, illustrating its dynamic market presence.
Latest developments on Celanese Corporation
Today, Celanese Corp Series A stock experienced underperformance compared to its competitors in the market. This decline in stock price may be attributed to various factors such as recent company announcements, industry trends, or broader market conditions. Investors are closely monitoring the situation and analyzing key events that have led to this movement. Despite this setback, Celanese Corp Series A remains a prominent player in the industry and investors continue to watch for any developments that may impact its stock price in the future.
Celanese Corporation on Smartkarma
Analysts at Baptista Research on Smartkarma have provided insight into Celanese Corp Series A, highlighting the company’s challenges in the third quarter of 2024 due to tough macroeconomic conditions. Despite falling short of expectations, Celanese Corporation has taken strategic measures to address these headwinds, including a temporary reduction in its quarterly dividend starting from the first quarter of 2025. This move is aimed at supporting the company’s efforts to reduce debt and navigate ongoing economic pressures.
A look at Celanese Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Celanese Corp Series A shows a strong outlook for Value and Dividend factors, scoring 4 and 5 respectively. This indicates that the company is considered to have good value and dividend potential. However, the Growth and Resilience scores are lower at 2, suggesting that there may be some challenges in terms of growth and resilience for the company. The Momentum score of 3 indicates a moderate level of momentum for Celanese Corp Series A.
Celanese Corporation is a global integrated producer of chemicals and advanced materials, with operations in North America, Europe, and Asia. With a strong focus on value and dividends, investors may find Celanese Corp Series A to be an attractive option. However, it is important to consider the lower scores in Growth and Resilience, which could impact the company’s long-term performance and stability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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