Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 13,919 shares of Core Molding Technologies stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $16.18, for a total transaction of $225,209.42. Following the completion of the sale, the chief executive officer now owns 257,512 shares of the company's stock, valued at $4,166,544.16. This represents a 5.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
CMT stock traded up $0.25 on Monday, hitting $16.45. The company had a trading volume of 41,688 shares, compared to its average volume of 43,627. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. Core Molding Technologies, Inc. has a 12-month low of $14.64 and a 12-month high of $21.00. The stock has a market capitalization of $147.39 million, a P/E ratio of 9.29 and a beta of 1.75.
Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.13. The firm had revenue of $72.99 million for the quarter, compared to the consensus estimate of $71.57 million. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. Research analysts expect that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the company. Barclays PLC grew its position in Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock valued at $172,000 after buying an additional 7,318 shares during the period. Geode Capital Management LLC boosted its stake in shares of Core Molding Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company's stock worth $3,012,000 after acquiring an additional 2,737 shares during the last quarter. State Street Corp boosted its stake in shares of Core Molding Technologies by 0.8% during the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company's stock worth $2,709,000 after acquiring an additional 1,267 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Core Molding Technologies during the 3rd quarter valued at $195,000. Finally, MetLife Investment Management LLC increased its stake in shares of Core Molding Technologies by 131.0% in the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company's stock worth $77,000 after purchasing an additional 2,529 shares in the last quarter. 58.79% of the stock is currently owned by institutional investors.
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.
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