Core Molding Technologies Inc. (NYSEAMERICAN: CMT). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.
Core Molding Technologies Inc. (NYSEAMERICAN: CMT). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, 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 continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Core Molding Technologies has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Core Molding Technologies has a slightly positive Appreciation Score of 70 but a poor Power Rating of 23, leading to the Low Neutral Value Trend Rating.
Recent Price Action
Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock closed at $17.54 on 6/5/24 after a decline of -3.7%. However, trading volume in this decline was below average at 79% of normal. The stock has declined -12.2% during the last week and has been extremely weak relative to the market over the last nine months.
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