Core Molding Technologies, Inc. (NYSEAMERICAN:CMT – Get Free Report) CFO John P. Zimmer sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $18.64, for a total transaction of $37,280.00. Following the sale, the chief financial officer now directly owns 129,212 shares in the company, valued at approximately $2,408,511.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Core Molding Technologies Price Performance
CMT stock opened at $18.26 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.28 and a quick ratio of 1.86. The company has a market capitalization of $159.96 million, a PE ratio of 8.78 and a beta of 1.69. Core Molding Technologies, Inc. has a twelve month low of $14.64 and a twelve month high of $30.09.
Core Molding Technologies (NYSEAMERICAN:CMT – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.42 by $0.31. Core Molding Technologies had a net margin of 5.11% and a return on equity of 12.14%. The firm had revenue of $88.74 million during the quarter, compared to the consensus estimate of $78.75 million. On average, equities analysts anticipate that Core Molding Technologies, Inc. will post 1.53 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Core Molding Technologies
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Core Molding Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 29th.
View Our Latest Analysis on CMT
Core Molding Technologies Company Profile
Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.
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