Ceco Environmental Corp. Sets New 1-Year High at $18.47 (CECE)
Ceco Environmental Corp. (NASDAQ:CECE) set a new 52-week high during mid-day trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $18.47 and last traded at $18.14, with a volume of 371,476 shares. The stock had previously closed at $17.47.
CECE has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “hold” rating on shares of Ceco Environmental Corp. in a research note to investors on Wednesday, October 2nd. They now have a $14.30 price target on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Ceco Environmental Corp. from $14.50 to $17.00 in a research note to investors on Wednesday, October 2nd. They now have an “outperform” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of Ceco Environmental Corp. from $16.00 to $18.00 in a research note to investors on Wednesday, September 4th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $15.36.
Ceco Environmental Corp. has a 52-week low of $8.75 and a 52-week high of $18.65. The stock’s 50-day moving average is $13.97 and its 200-day moving average is $12.84. The company has a market cap of $330.3 million and a price-to-earnings ratio of 26.43.
Ceco Environmental Corp. (NASDAQ:CECE) last announced its earnings results on Thursday, August 8th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.08. The company had revenue of $44.40 million for the quarter, compared to the consensus estimate of $45.83 million. Analysts expect that Ceco Environmental Corp. will post $0.93 EPS for the current fiscal year.
CECO Environmental Corp. (NASDAQ:CECE) is a provider of global, air pollution control technology.
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