Celanese Corporation (CE - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The upside was driven after the company reported better-than-expected third-quarter 2016 earnings. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $61.76 to $66.58 in the past one-month time frame.
The company has seen one positive estimate revision over the last 30 days, while its Zacks Consensus Estimate moved lower suggesting trouble down the road. So, make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Celanese Corporation has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is The Chemours Company (CC - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CE going up? Or down? Predict to see what others think: Up or Down
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Celanese Corporation (CE - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The upside was driven after the company reported better-than-expected third-quarter 2016 earnings. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $61.76 to $66.58 in the past one-month time frame.
The company has seen one positive estimate revision over the last 30 days, while its Zacks Consensus Estimate moved lower suggesting trouble down the road. So, make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Celanese Corporation has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is The Chemours Company (CC - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CE going up? Or down? Predict to see what others think: Up or Down
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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