Ceco Environmental Corp (NASDAQ: CECO) kicked off on Monday, up 4.34% from the previous trading day, before settling in for the closing price of $27.20. Over the past 52 weeks, CECO has traded in a range of $18.50-$31.55.
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A company in the Industrials sector has jumped its sales by 11.13% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 4.22%. With a float of $29.57 million, this company’s outstanding shares have now reached $34.84 million.
In an organization with 1200 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Ceco Environmental Corp is 15.47%, while institutional ownership is 76.55%. 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
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
Take a look at Ceco Environmental Corp’s (CECO) current performance indicators. Last quarter, stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 43.02.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.41 million. That was better than the volume of 0.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 95.31%. Additionally, its Average True Range was 1.28.
During the past 100 days, Ceco Environmental Corp’s (CECO) raw stochastic average was set at 68.04%, which indicates a significant decrease from 97.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.37% in the past 14 days, which was higher than the 50.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.65, while its 200-day Moving Average is $25.26. However, in the short run, Ceco Environmental Corp’s stock first resistance to watch stands at $28.90. Second resistance stands at $29.41. The third major resistance level sits at $30.30. If the price goes on to break the first support level at $27.49, it is likely to go to the next support level at $26.60. The third support level lies at $26.08 if the price breaches the second support level.
Ceco Environmental Corp (NASDAQ: CECO) Key Stats
The company with the Market Capitalisation of 1.03 billion has total of 34,979K Shares Outstanding. Its annual sales at the moment are 544,850 K in contrast with the sum of 12,910 K annual income. Company’s last quarter sales were recorded 135,510 K and last quarter income was 2,090 K.
