Posted by admin on Jul 21st, 2022
Belpointe Asset Management LLC acquired a new stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT – Get Rating) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,400 shares of the industrial products company’s stock, valued at approximately $230,000.
Separately, Heartland Advisors Inc. boosted its stake in shares of Core Molding Technologies by 41.7% in the fourth quarter. Heartland Advisors Inc. now owns 425,000 shares of the industrial products company’s stock worth $3,617,000 after acquiring an additional 125,000 shares during the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.
Shares of NYSEAMERICAN:CMT opened at $10.31 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.02 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $89.68 million, a PE ratio of 27.13 and a beta of 2.15. Core Molding Technologies, Inc. has a 1 year low of $7.96 and a 1 year high of $16.00.
Core Molding Technologies (NYSEAMERICAN:CMT – Get Rating) last issued its quarterly earnings results on Tuesday, May 10th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $90.59 million for the quarter. Core Molding Technologies had a return on equity of 4.75% and a net margin of 1.14%.
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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