On Monday, Ceco Environmental Corp (NASDAQ: CECO) opened lower -3.07% from the last session, before settling in for the closing price of $23.47. Price fluctuations for CECO have ranged from $15.65 to $31.55 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 11.13%. Company’s average yearly earnings per share was noted 4.22% at the time writing. With a float of $29.69 million, this company’s outstanding shares have now reached $34.84 million.
The extent of productivity of a business whose workforce counts for 1200 workers is very important to gauge. In terms of profitability, gross margin is 33.64%, operating margin of 7.19%, and the pretax margin is 3.98%.
Ceco Environmental Corp (CECO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Pollution & Treatment Controls industry is another important factor to consider. The insider ownership of Ceco Environmental Corp is 15.12%, while institutional ownership is 75.44%. The most recent insider transaction that took place on Aug 30 ’24, was worth 287,722. In this transaction Director of this company bought 10,000 shares at a rate of $28.77, taking the stock ownership to the 62,000 shares. Before that another transaction happened on May 21 ’24, when Company’s Director bought 4,000 for $24.50, making the entire transaction worth $98,000. This insider now owns 205,319 shares in total.
Ceco Environmental Corp (CECO) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.28 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.24) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.22% per share during the next fiscal year.
Ceco Environmental Corp (NASDAQ: CECO) Trading Performance Indicators
Check out the current performance indicators for Ceco Environmental Corp (CECO). In the past quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.42. Likewise, its price to free cash flow for the trailing twelve months is 32.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.18 in one year’s time.
Technical Analysis of Ceco Environmental Corp (CECO)
The latest stats from [Ceco Environmental Corp, CECO] show that its last 5-days average volume of 0.64 million was superior to 0.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 29.58%. Additionally, its Average True Range was 1.26.
During the past 100 days, Ceco Environmental Corp’s (CECO) raw stochastic average was set at 11.29%, which indicates a significant decrease from 18.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.80% in the past 14 days, which was higher than the 48.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.96, while its 200-day Moving Average is $24.95. Now, the first resistance to watch is $23.69. This is followed by the second major resistance level at $24.63. The third major resistance level sits at $25.14. If the price goes on to break the first support level at $22.23, it is likely to go to the next support level at $21.72. The third support level lies at $20.78 if the price breaches the second support level.
Ceco Environmental Corp (NASDAQ: CECO) Key Stats
There are currently 34,979K shares outstanding in the company with a market cap of 784.74 million. Presently, the company’s annual sales total 544,850 K according to its annual income of 12,910 K. Last quarter, the company’s sales amounted to 137,520 K and its income totaled 4,490 K.
