Core Molding Technologies Inc. (NYSEAMERICAN: CMT). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Notable negative changes in fundamentals have recently occurred for Core Molding Technologies Inc. (NYSEAMERICAN: CMT): 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 (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Core Molding Technologies has a good Appreciation Score of 76 but a neutral Power Rating of 40, resulting in the High Neutral Value Trend Rating.
Recent Price Action
On 10/1/24, Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock declined by -4.7%, closing at $16.40. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -6.4% during the last week.
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