Celanese Corporation (NYSE:CE) traded today at a new 52-week high of $159.86. Approximately 153,000 shares have changed hands today, as compared to an average 30-day volume of 804,000 shares.
Celanese Corporation (NYSE:CE) is currently priced 1.3% above its average consensus analyst price target of $157.45.
Over the past year, Celanese Corporation has traded in a range of $69.69 to $159.86 and is now at $159.59, 129% above that low.
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company also produces specialty polymers used in the automotive, electronics, medical, and consumer end markets as well as cellulose derivatives used in cigarette filters.
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