CECO Environmental Corp. (NASDAQ:CECE) CEO Dennis Sadlowski purchased 4,100 shares of CECO Environmental stock in a transaction dated Thursday, December 14th. The stock was bought at an average price of $4.85 per share, for a total transaction of $19,885.00. Following the completion of the purchase, the chief executive officer now owns 52,081 shares in the company, valued at approximately $252,592.85. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Dennis Sadlowski also recently made the following trade(s):

  • On Thursday, November 9th, Dennis Sadlowski purchased 4,000 shares of CECO Environmental stock. The stock was bought at an average price of $5.54 per share, for a total transaction of $22,160.00.

CECO Environmental Corp. (NASDAQ CECE) traded down $0.03 during trading hours on Friday, reaching $4.85. 155,900 shares of the company traded hands, compared to its average volume of 194,641. The company has a current ratio of 1.57, a quick ratio of 1.38 and a debt-to-equity ratio of 0.54. CECO Environmental Corp. has a twelve month low of $4.68 and a twelve month high of $14.61. The firm has a market cap of $165.56, a P/E ratio of 7.39, a PEG ratio of 0.83 and a beta of 1.30.

CECO Environmental (NASDAQ:CECE) last posted its earnings results on Wednesday, November 8th. The industrial products company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). CECO Environmental had a positive return on equity of 11.91% and a negative net margin of 11.47%. The business had revenue of $85.00 million for the quarter, compared to analyst estimates of $92.66 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The firm’s quarterly revenue was down 16.3% on a year-over-year basis. equities analysts predict that CECO Environmental Corp. will post 0.39 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on CECE shares. Roth Capital restated a “neutral” rating on shares of CECO Environmental in a research note on Thursday, November 9th. ValuEngine upgraded shares of CECO Environmental from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of CECO Environmental from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Needham & Company LLC downgraded shares of CECO Environmental from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, TheStreet downgraded shares of CECO Environmental from a “c-” rating to a “d+” rating in a research report on Monday, November 27th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $12.00.

Hedge funds and other institutional investors have recently modified their holdings of the company. Tudor Investment Corp ET AL acquired a new position in shares of CECO Environmental in the 2nd quarter worth approximately $101,000. Voya Investment Management LLC lifted its position in shares of CECO Environmental by 23.2% in the 2nd quarter. Voya Investment Management LLC now owns 15,660 shares of the industrial products company’s stock worth $144,000 after purchasing an additional 2,947 shares during the period. Macquarie Group Ltd. acquired a new position in shares of CECO Environmental in the 3rd quarter worth approximately $205,000. Sei Investments Co. acquired a new position in shares of CECO Environmental in the 3rd quarter worth approximately $210,000. Finally, Bank of America Corp DE lifted its position in shares of CECO Environmental by 32.8% in the 1st quarter. Bank of America Corp DE now owns 21,696 shares of the industrial products company’s stock worth $228,000 after purchasing an additional 5,353 shares during the period. Hedge funds and other institutional investors own 67.49% of the company’s stock.

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About CECO Environmental

CECO Environmental Corp. is a provider of engineered technologies to the environmental, energy, and fluid handling and filtration industrial segments. The Company is focused on engineering, designing, building and installing systems that capture, clean and destroy airborne contaminants from industrial facilities, as well as equipment that controls emissions from such facilities, and fluid handling and filtration systems.

Insider Buying and Selling by Quarter for CECO Environmental (NASDAQ:CECE)

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