NYSE:CEChemicals
Is Celanese (CE) Offering An Opportunity After Years Of Weak Share Price Returns
If you are wondering whether Celanese is priced attractively right now, the key question is whether the current share price lines up with what the business looks worth on paper.
The stock has had a mixed run, with a 4.6% gain over the last 30 days and a 4.9% gain year to date, set against a 40.1% decline over the past year and a 62.1% decline over three years.
Investors have been reacting to a steady stream of industry updates around chemicals demand, input costs, and company specific...