Posted by admin on Aug 12th, 2022
Core Molding Technologies (NYSE:CMT – Get Rating) had its price objective boosted by equities researchers at EF Hutton Acquisition Corp I from $15.00 to $16.00 in a report issued on Wednesday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the stock. EF Hutton Acquisition Corp I’s price objective suggests a potential upside of 26.28% from the company’s previous close.
Separately, StockNews.com assumed coverage on Core Molding Technologies in a research note on Tuesday. They set a “strong-buy” rating for the company.
Shares of CMT opened at $12.67 on Wednesday. Core Molding Technologies has a 52-week low of $7.96 and a 52-week high of $15.51. The firm has a market capitalization of $110.20 million, a PE ratio of 35.19 and a beta of 1.99. The firm has a 50-day moving average price of $9.97 and a 200 day moving average price of $9.86. The company has a quick ratio of 0.96, a current ratio of 1.41 and a debt-to-equity ratio of 0.19.
Core Molding Technologies (NYSE:CMT – Get Rating) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $0.46 earnings per share (EPS) for the quarter. Core Molding Technologies had a net margin of 0.93% and a return on equity of 3.14%. The business had revenue of $90.59 million during the quarter.
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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