The stock of Core Molding Technologies, Inc. (NYSEMKT:CMT) is a huge mover today! About 148,446 shares traded hands or 67.32% up from the average. Core Molding Technologies, Inc. (NYSEMKT:CMT) has risen 51.04% since March 3, 2016 and is uptrending. It has outperformed by 42.70% the S&P500.
The move comes after 5 months positive chart setup for the $146.44M company. It was reported on Oct, 6 by Barchart.com. We have $49.08 PT which if reached, will make NYSEMKT:CMT worth $238.70 million more.
Analysts await Core Molding Technologies, Inc. (NYSEMKT:CMT) to report earnings on November, 3.
According to Zacks Investment Research, “Core Molding Technologies, Inc. is a compounder of sheet molding composites (SMC) and molder of fiberglass reinforced plastics. Their processing capabilities include the compression molding of SMC, vacuum assisted resin infusion molding, spray up and lay up processes. They produce high-quality fiberglass reinforced, molded products and SMC materials for varied markets, including medium- and heavy-duty trucks, automobiles, personal watercraft and other commercial products.”
Insitutional Activity: The institutional sentiment decreased to 0.79 in Q2 2016. Its down 0.04, from 0.83 in 2016Q1. The ratio turned negative, as 12 funds sold all Core Molding Technologies, Inc. shares owned while 22 reduced positions. 15 funds bought stakes while 12 increased positions. They now own 4.63 million shares or 8.78% less from 5.07 million shares in 2016Q1.
Walleye Trading Ltd Liability Com reported 2,701 shares or 0% of all its holdings. Weber Alan W last reported 0.15% of its portfolio in the stock. Oxford Asset Mngmt has 0.03% invested in the company for 58,496 shares. Cornerstone Hldg Limited Company has 29,452 shares for 0% of their US portfolio. Lsv Asset owns 160,628 shares or 0% of their US portfolio. Tci Wealth Advisors Incorporated has 208 shares for 0% of their US portfolio. The New York-based Gabelli Funds Ltd Liability has invested 0.03% in Core Molding Technologies, Inc. (NYSEMKT:CMT). Vanguard Group Inc accumulated 310,679 shares or 0% of the stock. Earnest Lc accumulated 2,600 shares or 0% of the stock. Laurion Capital Mngmt Limited Partnership reported 22,100 shares or 0% of all its holdings. Teton Advisors holds 0.38% of its portfolio in Core Molding Technologies, Inc. (NYSEMKT:CMT) for 309,202 shares. Cubic Asset Management Ltd reported 11,775 shares or 0.05% of all its holdings. Nationwide Fund Advsr has 1,940 shares for 0% of their US portfolio. Moreover, Perritt Capital Mngmt has 0.6% invested in Core Molding Technologies, Inc. (NYSEMKT:CMT) for 166,339 shares. Citigroup holds 2,223 shares or 0% of its portfolio.
Insider Transactions: Since June 8, 2016, the stock had 3 buys, and 1 sale for $7,130 net activity. Smith Andrew O also bought $10,680 worth of Core Molding Technologies, Inc. (NYSEMKT:CMT) on Wednesday, June 8. On Thursday, August 25 the insider CROWLEY JAMES F sold $22,754. Zimmer John P bought $8,946 worth of stock.
More notable recent Core Molding Technologies, Inc. (NYSEMKT:CMT) news were published by: Businesswire.com which released: “Core Molding Technologies Reports Second Quarter 2016 Results” on August 09, 2016, also Quotes.Wsj.com with their article: “News Core Molding Technologies Inc.CMT” published on February 12, 2011, Businesswire.com published: “Core Molding Technologies Reports Results for the 2015 Fourth Quarter and Full …” on March 10, 2016. More interesting news about Core Molding Technologies, Inc. (NYSEMKT:CMT) were released by: Seekingalpha.com and their article: “Core Molding Technologies Has Unrecognized Growth” published on October 20, 2015 as well as Prnewswire.com‘s news article titled: “Core Molding Technologies Acquires CPI Binani, Expands its Thermoplastics …” with publication date: March 20, 2015.
CMT Company Profile
Core Molding Technologies, Inc. (Core Molding Technologies), incorporated on October 8, 1996, is a maker of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Firm along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. The Firm operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment. The Firm produces and sells SMC and molded products for varied markets, including medium and heavy-duty trucks, automobiles, marine, construction and other commercial markets. The Firm specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics (GMT), bulk molding compounds (BMC) and direct long-fiber thermoplastics (D-LFT), spray-up, hand-lay-up, and resin transfer molding (RTM). Additionally, the Company offers reaction injection molding (RIM), utilizing dicyclopentadiene technology. The Firm operates over five production facilities in Columbus, Ohio; Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota, and Matamoros, Mexico.
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