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LMI Aerospace (NASDAQ:LMIA) was downgraded by Deutsche Bank to a “hold” rating in a research note issued on Friday.

In other LMI Aerospace news, Director Ronald S. Saks unloaded 36,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $15.11, for a total value of $543,960.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

LMI Aerospace (NASDAQ:LMIA) opened at 14.88 on Friday. LMI Aerospace has a 1-year low of $10.81 and a 1-year high of $16.40. The stock has a 50-day moving average of $14.08 and a 200-day moving average of $13.9. The company’s market cap is $189.5 million.

LMI Aerospace (NASDAQ:LMIA) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.08. The company had revenue of $105.90 million for the quarter, compared to the consensus estimate of $99.60 million. During the same quarter last year, the company posted $0.37 earnings per share. LMI Aerospace’s revenue was up .4% compared to the same quarter last year. Analysts expect that LMI Aerospace will post $-0.02 EPS for the current fiscal year.

LMI Aerospace, Inc (NASDAQ:LMIA) is a provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets.

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