Constellium SE (NYSE:CSTM - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $9.07, but opened at $10.12. Constellium shares last traded at $10.56, with a volume of 818,307 shares.
Constellium Stock Performance
The company's fifty day simple moving average is $10.15 and its 200 day simple moving average is $12.76. The stock has a market capitalization of $1.59 billion, a P/E ratio of 33.89 and a beta of 1.68. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93.
Constellium (NYSE:CSTM - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.47). The business 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, sell-side analysts forecast that Constellium SE will post 1.1 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of CSTM. Creative Planning lifted its position in Constellium by 16.3% during the third quarter. Creative Planning now owns 62,368 shares of the industrial products company's stock valued at $1,014,000 after purchasing an additional 8,755 shares during the last quarter. Blue Trust Inc. raised its position in shares of Constellium by 863.5% during the 3rd quarter. Blue Trust Inc. now owns 1,956 shares of the industrial products company's stock valued at $32,000 after buying an additional 1,753 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Constellium by 41.5% during the 3rd quarter. Signaturefd LLC now owns 9,557 shares of the industrial products company's stock worth $155,000 after acquiring an additional 2,805 shares during the last quarter. Ballentine Partners LLC purchased a new position in Constellium in the third quarter worth $168,000. Finally, Highland Capital Management LLC increased its stake in Constellium by 10.1% in the third quarter. Highland Capital Management LLC now owns 13,462 shares of the industrial products company's stock valued at $219,000 after acquiring an additional 1,233 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.
About Constellium
(
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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