Calgon Carbon Corp. Hits New 52-Week High at $19.72 (CCC)
Shares of Calgon Carbon Corp. (NYSE:CCC) hit a new 52-week high on Monday, AR Network reports. The company traded as high as $19.72 and last traded at $19.60, with a volume of 56,132 shares trading hands. The stock had previously closed at $19.49.
CCC has been the subject of a number of recent research reports. Analysts at Robert W. Baird raised their price target on shares of Calgon Carbon Corp. from $19.00 to $20.00 in a research note to investors on Wednesday, August 7th. Analysts at Zacks upgraded shares of Calgon Carbon Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, July 19th. They now have a $21.00 price target on the stock. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $17.67.
Calgon Carbon Corp. has a 52-week low of $11.54 and a 52-week high of $19.72. The stock’s 50-day moving average is $18.44 and its 200-day moving average is $17.70. The company has a market cap of $1.069 billion and a P/E ratio of 39.61.
Calgon Carbon Corp. (NYSE:CCC) last released its earnings data on Tuesday, August 6th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.03. The company had revenue of $140.40 million for the quarter, compared to the consensus estimate of $142.73 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. On average, analysts predict that Calgon Carbon Corp. will post $0.86 earnings per share for the current fiscal year.
Calgon Carbon Corporation, is a manufacture, reactivation, and application of activated carbon, ballast water treatment (NYSE:CCC), ultraviolet (UV) light disinfection, and advanced ion-exchange technologies.
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