Core Molding Technologies Inc. (NYSEAMERICAN: CMT) suffers from exceptional negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.
Meaningful negative changes in fundamentals have recently occurred for Core Molding Technologies Inc. (NYSEAMERICAN: CMT): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CMT is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Core Molding Technologies has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Core Molding Technologies has a slightly positive Appreciation Score of 65 and a neutral Power Rating of 49, triggering the Neutral Value Trend Rating.
Recent Price Action
On 1/12/24, Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock declined slightly by -0.4%, closing at $17.08. However, unusually low trading volume at 52% of normal accompanied the decline. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
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