Cenveo SVP Ian R. Scheinmann Purchases 2,990 Shares (CVO)
Cenveo (NYSE:CVO) SVP Ian R. Scheinmann acquired 2,990 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average cost of $3.34 per share, for a total transaction of $9,986.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at CRT Capital raised their price target on shares of Cenveo from $3.75 to $5.50 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock.
Cenveo (NYSE:CVO) opened at 3.27 on Tuesday. Cenveo has a 52 week low of $2.11 and a 52 week high of $3.92. The stock’s 50-day moving average is $3.53 and its 200-day moving average is $3.28. The company’s market cap is $221.2 million.
Cenveo (NYSE:CVO) last announced its earnings results on Wednesday, August 6th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.06. The company had revenue of $479.40 million for the quarter, compared to the consensus estimate of $480.35 million. On average, analysts predict that Cenveo will post $0.22 earnings per share for the current fiscal year.
Cenveo, Inc is a diversified printing company in North America. Its portfolio of products includes commercial printing, envelope converting, label manufacturing and specialty packaging production.
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