PMFG Reaches New 12-Month Low at $4.11 (PMFG)
PMFG (NASDAQ:PMFG)’s share price reached a new 52-week low on Monday , StockRatingsNetwork reports. The company traded as low as $4.11 and last traded at $4.30, with a volume of 67,252 shares trading hands. The stock had previously closed at $4.28.
A number of analysts have recently weighed in on PMFG shares. Analysts at Zacks downgraded shares of PMFG from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $4.60 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $4.60.
The stock has a 50-day moving average of $5.3 and a 200-day moving average of $6.92. The company’s market cap is $88.8 million.
PMFG (NASDAQ:PMFG) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.19. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $38.82 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. Analysts expect that PMFG will post $-0.40 EPS for the current fiscal year.
PMFG, Inc is a provider of custom-engineered systems and products designed to helps ensure that the delivery of energy is safe, efficient and clean.
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