Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) CFO John P. Zimmer sold 7,600 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $17.78, for a total value of $135,128.00. Following the completion of the transaction, the chief financial officer now owns 107,959 shares in the company, valued at approximately $1,919,511.02. The trade was a 6.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Core Molding Technologies Price Performance
NYSEAMERICAN:CMT opened at $16.57 on Thursday. The firm has a market capitalization of $148.47 million, a price-to-earnings ratio of 9.36 and a beta of 1.69. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $21.00.
Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.13. The company had revenue of $72.99 million during the quarter, compared to analyst estimates of $71.57 million. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. On average, equities analysts predict that Core Molding Technologies, Inc. will post 1.64 EPS for the current year.
Institutional Trading of Core Molding Technologies
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
From Crypto Swap Profits | Ad
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days.
It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year.
This is where fortunes are made – often LITERALLY overnight.
>> Register for the Workshop Now
Several hedge funds and other institutional investors have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC purchased a new position in shares of Core Molding Technologies in the second quarter valued at $27,000. LSV Asset Management bought a new position in Core Molding Technologies in the 2nd quarter worth about $36,000. MetLife Investment Management LLC grew its holdings in Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company's stock valued at $77,000 after buying an additional 2,529 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Core Molding Technologies during the first quarter valued at about $155,000. Finally, Barclays PLC lifted its holdings in shares of Core Molding Technologies by 278.9% in the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock worth $172,000 after buying an additional 7,318 shares in the last quarter. Institutional investors own 58.79% of the company's stock.
Core Molding Technologies Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
