Core Molding Technologies (NYSE:CMT) Earns Strong-Buy Rating from Analysts at StockNews.com - Defense World

2022-08-13 06:00:41 By : Ms. Sarah Gao

Posted by admin on Aug 9th, 2022

Investment analysts at StockNews.com assumed coverage on shares of Core Molding Technologies (NYSE:CMT – Get Rating) in a report issued on Tuesday. The brokerage set a “strong-buy” rating on the stock.

Shares of NYSE:CMT opened at $11.36 on Tuesday. The business has a fifty day simple moving average of $9.83 and a 200 day simple moving average of $9.80. The company has a current ratio of 1.41, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19. Core Molding Technologies has a 1 year low of $7.96 and a 1 year high of $16.00. The firm has a market cap of $98.81 million, a price-to-earnings ratio of 19.59 and a beta of 2.00.

Core Molding Technologies (NYSE:CMT – Get Rating) last posted its quarterly earnings results on Tuesday, May 10th. The company reported $0.46 earnings per share for the quarter. The company had revenue of $90.59 million during the quarter. Core Molding Technologies had a return on equity of 5.01% and a net margin of 1.56%.

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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