Chemtura Corp (NYSE:CHMT) has been downgraded to Sector Weight in a statement by KeyCorp earlier today.
- Updated: October 17, 2016
Having a price of $32.79, Chemtura Corp (NYSE:CHMT) traded 0.06% higher on the day. With the last close up 16.11% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CHMT has recorded a 50-day average of $30.43 and a two hundred day average of $28.25. Trade Volume was down over the average, with 81,300 shares of CHMT changing hands under the typical 910,492
KeyCorp has downgraded Chemtura Corp (NYSE:CHMT) to Sector Weight in a statement released on 10/17/2016.
On 10/3/2016, Zacks Investment Research released a statement on Chemtura Corp (NYSE:CHMT) upped the target price from $0.00 to $37.00 that suggested an upside of 0.13%.
Recent Performance Chart
Chemtura Corp has PE ratio of 61.89 with a one year low of $23.50 and a one year high of $32.99 and has a market capitalization of $0.
A total of 7 analysts have released a report on Chemtura Corp. Two analysts rating the company a strong buy, four analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $33.86.
General Company Details For Chemtura Corp (NYSE:CHMT)
Chemtura Corporation is a developer, manufacturer and marketer of engineered industrial specialty chemicals. The Company's products are sold to industrial manufacturing customers for use as additives, ingredients or intermediates that add value to their end products. It operates through two segments: Industrial Performance Products and Industrial Engineered Products. Its Industrial Performance Products segment is a manufacturer and marketer of lubricant additive components, synthetic lubricant base-stocks, synthetic finished fluids, calcium sulfonate specialty greases and phosphate and polyester-based fluids, and also engaged in the development and production of hot cast elastomer pre-polymers. Its Industrial Engineered Products segment is a developer and manufacturer of bromine and bromine-based products and organometallic compounds. It operates in a range of end-use industries, including automotive, building and construction, electronics, lubricants, packaging and transportation.
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