Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $13.86. Core Molding Technologies shares last traded at $13.06, with a volume of 61,063 shares.
Core Molding Technologies Stock Down 0.1 %
The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The company has a market cap of $121.68 million, a P/E ratio of 7.68 and a beta of 1.74.
Insider Buying and Selling
In other Core Molding Technologies news, CEO David L. Duvall sold 13,919 shares of Core Molding Technologies stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $16.18, for a total value of $225,209.42. Following the completion of the sale, the chief executive officer now directly owns 257,512 shares in the company, valued at approximately $4,166,544.16. The trade was a 5.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 35,590 shares of company stock valued at $582,963 over the last quarter. Insiders own 13.10% of the company's stock.
Institutional Investors Weigh In On Core Molding Technologies
Institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Management LLC lifted its holdings in shares of Core Molding Technologies by 131.0% in the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company's stock worth $77,000 after buying an additional 2,529 shares in the last quarter. Deutsche Bank AG lifted its stake in shares of Core Molding Technologies by 99.2% in the 4th quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company's stock valued at $106,000 after acquiring an additional 3,177 shares during the last quarter. Barclays PLC increased its stake in shares of Core Molding Technologies by 278.9% in the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock worth $172,000 after buying an additional 7,318 shares during the period. Stoneridge Investment Partners LLC bought a new position in shares of Core Molding Technologies during the fourth quarter valued at about $189,000. Finally, Walleye Capital LLC bought a new position in Core Molding Technologies during the 3rd quarter valued at approximately $195,000. 58.79% of the stock is owned by institutional investors.
Core Molding Technologies Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Core Molding Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Core Molding Technologies wasn't on the list.
While Core Molding Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
