Setting A New 52 Week Low, Chemical Financial Corporation (Nasdaq:CHFC) Finishing At $43.84

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Chemical Financial Corporation (Nasdaq:CHFC)

December 6th, 2018
Chemical Financial Corporation fell $0.19 Thursday, down 0.43%, closing at $43.84. As well as the drop in value, Chemical Financial Corporation hit a new 52 week low of $41.52, breaking the previous low of $41.97 from earlier this July. Chemical Financial Corporation swung 6.19% between high and low.

CHFC outperformed the rest of the Financials sector which went down just 1.44% today.

Analysis results from 8 analysts indicates that Chemical Financial Corporation could increase quite a bit (20%), while Finbox has calculated (with high uncertainty) a fair value price of $36.30.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Chemical Financial Corporation is based in Midland, United States of America. Chemical Financial Corporation was founded in 1917.

Chemical Financial Corporation Info

Chemical Financial Corporation operates as a financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers. It offers business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, safe deposit box, money transfer, automated teller machines, insurance and investment products, corporate and personal wealth management, and mortgage banking and other banking services. The company also offers mutual funds, annuity products, and market securities; trust, investment management, and custodial services; financial and estate planning; and retirement and employee benefit programs. As of January 23, 2018, it operated through 212 banking offices located in Michigan, northeast Ohio, and northern Indiana. The company has 7 loan production offices and approximately 245 automated teller machines. Chemical Financial Corporation was founded in 1917 and is headquartered in Detroit, Michigan.

All amounts in USD unless otherwise indicated
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