Checking the Overall Picture for Calgon Carbon Corporation (CCC)

Calgon Carbon Corporation (CCC) is an interesting player in the Industrial Goods space, with a focus on Pollution & Treatment Controls. The stock has been active on the tape, currently trading at $21.35, up from yesterday’s close by 0.00%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Calgon Carbon Corporation (CCC) currently trades with a market capitalization of $1.08 Billion. That value represents a market adjusting for revenues that have been growing by 31.13 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$4.45 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.15 on a per share basis this quarter. Perhaps, that suggests something about why 9.49% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Calgon Carbon Corporation recorded a 52-week high of $22.10. It is now trading 0.75% off that level. The stock is trading $21.44 its 50-day moving average by 0.09%. The stock carved out a 52-week low down at $12.00.

In recent action, Calgon Carbon Corporation (CCC) has made a move of -0.47% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 10.71% with $50.07 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CCC.

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