Celanese Corporation (CE): Today's Featured Chemicals Winner

Celanese Corporation ( CE) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 1.5%. By the end of trading, Celanese Corporation rose 42 cents (1.3%) to $33.70 on average volume. Throughout the day, 2.2 million shares of Celanese Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $33.38-$34.78 after having opened the day at $34.27 as compared to the previous trading day's close of $33.28. Other companies within the Chemicals industry that increased today were: Cereplast ( CERP), up 10.6%, A Schulman ( SHLM), up 8.7%, Metabolix ( MBLX), up 5.3%, and Gevo ( GEVO), up 4.5%.

Celanese Corporation, a technology and specialty materials company, engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. Celanese Corporation has a market cap of $5.24 billion and is part of the basic materials sector. The company has a P/E ratio of 8.2, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 24.8% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Celanese Corporation a buy, one analyst rates it a sell, and two rate it a hold.

TheStreet Ratings rates Celanese Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, BioFuel Energy Corporation ( BIOF), down 12.7%, Green Plains Renewable Energy ( GPRE), down 12.5%, Solazyme ( SZYM), down 8.3%, and American Pacific Corporation ( APFC), down 8.2%, were all losers within the chemicals industry with CF Industries Holdings ( CF) being today's chemicals industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).

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