Core Molding Technologies (NYSE:CMT) Price Target Raised to $16.00 at EF Hutton Acquisition Corp I | MarketBeat

2022-08-12 19:39:26 By : Mr. Jacek Yang

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Core Molding Technologies (NYSE:CMT - Get Rating) had its price objective boosted by EF Hutton Acquisition Corp I from $15.00 to $16.00 in a note issued to investors on Wednesday, Stock Target Advisor reports. The firm currently has a "buy" rating on the stock. EF Hutton Acquisition Corp I's target price points to a potential upside of 35.02% from the company's current price.

Separately, StockNews.com assumed coverage on shares of Core Molding Technologies in a research note on Tuesday. They set a "strong-buy" rating for the company.Core Molding Technologies Trading Up 7.2 %

Core Molding Technologies stock traded up $0.80 during trading hours on Wednesday, hitting $11.85. The company had a trading volume of 1 shares, compared to its average volume of 12,535. Core Molding Technologies has a 1 year low of $7.96 and a 1 year high of $16.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.96 and a current ratio of 1.41. The firm has a market cap of $103.07 million, a P/E ratio of 20.43 and a beta of 2.00. The company has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $9.82.

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

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.Read MoreGet a free copy of the StockNews.com research report on Core Molding Technologies (CMT)A Rounded Bottom In Draftkings, Inc Begins To Reverse CourseWorkhorse Group Is Ready To Get Back On The Horse Are 3M, Honeywell, GE Buys After Quarterly Reports?Is Sofi Financial Stock Finally Ready to Pay Off for Investors?CVS and Walgreens Show Why Investment Objectives Matter

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