Cenveo, Inc. (NYSE:CVO) was downgraded by stock analysts at TheStreet from a “c-” rating to a “d+” rating in a research report issued to clients and investors on Tuesday.

Shares of Cenveo (NYSE:CVO) traded up 4.6737% during trading on Tuesday, hitting $5.4221. The stock had a trading volume of 39,451 shares. The company’s 50 day moving average price is $4.55 and its 200 day moving average price is $6.07. The stock has a market cap of $46.38 million, a price-to-earnings ratio of 1.0129 and a beta of 2.04. Cenveo has a 12 month low of $3.52 and a 12 month high of $10.50.

Cenveo (NYSE:CVO) last posted its earnings results on Wednesday, February 22nd. The business services provider reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by $0.70. Cenveo had a negative return on equity of 1.83% and a net margin of 2.94%. The firm had revenue of $417.20 million for the quarter, compared to analyst estimates of $440.66 million. Equities research analysts expect that Cenveo will post $1.07 earnings per share for the current fiscal year.

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In related news, Chairman Robert G. Sr Burton, Sr. purchased 19,050 shares of the business’s stock in a transaction on Monday, March 6th. The shares were bought at an average price of $5.23 per share, for a total transaction of $99,631.50. Following the acquisition, the chairman now directly owns 372,658 shares in the company, valued at $1,949,001.34. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Nathu R. Puri purchased 37,656 shares of the business’s stock in a transaction on Tuesday, May 16th. The shares were bought at an average price of $5.11 per share, for a total transaction of $192,422.16. Following the acquisition, the insider now owns 870,000 shares in the company, valued at $4,445,700. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 264,010 shares of company stock worth $1,335,463. 14.40% of the stock is owned by corporate insiders.

About Cenveo

Cenveo, Inc is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting, commercial printing and label manufacturing. The Company operates through three segments: Envelope, Print and Label. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users, including financial institutions, insurance companies and telecommunications companies.

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