Shares of Constellium SE (NYSE:CSTM - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $9.25 and last traded at $9.38, with a volume of 73424 shares. The stock had previously closed at $9.34.
Constellium Price Performance
The firm has a market cap of $1.53 billion, a P/E ratio of 32.67 and a beta of 1.68. The firm's fifty day simple moving average is $10.15 and its 200 day simple moving average is $12.79. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28.
Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The industrial products company reported ($0.34) EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.47). The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.69 billion. Constellium had a net margin of 0.67% and a return on equity of 4.83%. As a group, analysts forecast that Constellium SE will post 1.1 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. raised its stake in Constellium by 15.6% during the third quarter. Victory Capital Management Inc. now owns 823,290 shares of the industrial products company's stock valued at $13,387,000 after purchasing an additional 111,390 shares in the last quarter. Maverick Capital Ltd. bought a new stake in shares of Constellium in the 3rd quarter worth about $1,372,000. State of Alaska Department of Revenue purchased a new stake in shares of Constellium during the 4th quarter valued at about $1,386,000. Principal Financial Group Inc. lifted its holdings in shares of Constellium by 35.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,395,607 shares of the industrial products company's stock valued at $22,693,000 after acquiring an additional 364,423 shares during the last quarter. Finally, Barclays PLC grew its position in Constellium by 476.1% in the third quarter. Barclays PLC now owns 336,569 shares of the industrial products company's stock worth $5,473,000 after acquiring an additional 278,149 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.
Constellium Company Profile
(
Get Free Report)
Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.
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