Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) EVP Renee R. Anderson sold 717 shares of Core Molding Technologies stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $18.14, for a total value of $13,006.38. Following the completion of the transaction, the executive vice president now directly owns 38,792 shares in the company, valued at $703,686.88. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Core Molding Technologies Price Performance
Shares of Core Molding Technologies stock opened at $18.01 on Wednesday. Core Molding Technologies, Inc. has a 12-month low of $14.64 and a 12-month high of $30.09. The firm has a market capitalization of $157.77 million, a price-to-earnings ratio of 8.66 and a beta of 1.67. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.86 and a current ratio of 2.28.
Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last posted its earnings results on Tuesday, August 6th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.31. Core Molding Technologies had a return on equity of 12.14% and a net margin of 5.11%. The company had revenue of $88.74 million for the quarter, compared to analysts' expectations of $78.75 million. As a group, equities analysts forecast that Core Molding Technologies, Inc. will post 1.53 EPS for the current fiscal year.
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Separately, StockNews.com upgraded shares of Core Molding Technologies from a "buy" rating to a "strong-buy" rating in a report on Monday, July 29th.
View Our Latest Analysis on Core Molding Technologies
Institutional Investors Weigh In On Core Molding Technologies
Large investors have recently made changes to their positions in the business. National Bank of Canada FI bought a new position in shares of Core Molding Technologies during the fourth quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC bought a new stake in Core Molding Technologies in the second quarter valued at $27,000. LSV Asset Management purchased a new position in Core Molding Technologies during the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio bought a new position in Core Molding Technologies in the 1st quarter worth $155,000. Finally, Rhumbline Advisers lifted its position in shares of Core Molding Technologies by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company's stock worth $178,000 after purchasing an additional 866 shares during the period. 58.79% of the stock is currently owned by institutional investors.
About Core Molding Technologies
(
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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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