Celanese Corporation (CE): A Bear Case Theory

We came across a bearish thesis on Celanese Corporation (CE) on Value Investing Subreddit Page by Rdw72777. In this article, we will summarize the bears’ thesis on CE. Celanese Corporation (CE)'s share was trading at $52.61 as of Feb 20^th. CE’s trailing and forward P/E were 7.36 and 6.34 respectively according to Yahoo Finance.

[caption id="attachment_1205401" align="aligncenter" width="768"] A close up of a laboratory beaker filled with colorful chemicals, signifying the company's specialty chemicals.[/caption]

Celanese has seen a sharp 23% decline in its stock price, now...