Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer Sells 2,071 Shares of Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer sold 2,071 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $25.71, for a total value of $53,245.41. Following the sale, the chief financial officer now owns 198,347 shares of the company’s stock, valued at approximately $5,099,501.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Core Molding Technologies Trading Up 1.4 %

Shares of NYSEAMERICAN:CMT traded up $0.36 on Tuesday, hitting $25.20. The company had a trading volume of 63,326 shares, compared to its average volume of 66,864. The firm has a market capitalization of $226.80 million, a P/E ratio of 11.04 and a beta of 1.87. The business has a 50 day moving average of $18.10. Core Molding Technologies, Inc. has a 52-week low of $8.74 and a 52-week high of $28.34. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.40 and a current ratio of 1.85.

Core Molding Technologies (NYSEAMERICAN:CMT) last announced its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $0.91 earnings per share (EPS) for the quarter. Core Molding Technologies had a net margin of 5.18% and a return on equity of 18.02%. The business had revenue of $97.73 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Core Molding Technologies in a research report on Wednesday, August 23rd. They issued a “strong-buy” rating for the company.

Hedge Funds Weigh In On Core Molding Technologies

A number of hedge funds have recently bought and sold shares of CMT. State Street Corp increased its position in Core Molding Technologies by 16.4% in the first quarter. State Street Corp now owns 19,561 shares of the industrial products company’s stock worth $210,000 after buying an additional 2,753 shares during the period. Royal Bank of Canada raised its holdings in shares of Core Molding Technologies by 6.9% during the third quarter. Royal Bank of Canada now owns 15,503 shares of the industrial products company’s stock worth $154,000 after acquiring an additional 1,003 shares in the last quarter. UBS Group AG purchased a new position in Core Molding Technologies in the fourth quarter valued at about $33,000. O Shaughnessy Asset Management LLC raised its stake in shares of Core Molding Technologies by 10.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,504 shares of the industrial products company’s stock worth $188,000 after purchasing an additional 1,334 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Core Molding Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 57,832 shares of the industrial products company’s stock valued at $751,000 after buying an additional 1,785 shares in the last quarter. 50.43% of the stock is currently owned by institutional investors and hedge funds.

Core Molding Technologies Company Profile

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.