CIRCOR International (NYSE:CIR) Hits New 1-Year Low at $24.01

CIRCOR International, Inc. (NYSE:CIR)’s stock price reached a new 52-week low during trading on Saturday . The company traded as low as $24.01 and last traded at $24.58, with a volume of 95808 shares. The stock had previously closed at $24.76.

Separately, Zacks Investment Research downgraded CIRCOR International from a “hold” rating to a “sell” rating in a report on Wednesday, October 13th.

The company has a debt-to-equity ratio of 2.75, a current ratio of 2.32 and a quick ratio of 1.58. The firm has a 50-day moving average of $28.56 and a 200 day moving average of $30.90.

CIRCOR International (NYSE:CIR) last posted its earnings results on Friday, November 12th. The industrial products company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.06). CIRCOR International had a negative net margin of 4.61% and a positive return on equity of 18.58%. The business had revenue of $190.78 million during the quarter, compared to analyst estimates of $205.25 million. During the same quarter in the prior year, the business earned $0.36 earnings per share. Equities analysts anticipate that CIRCOR International, Inc. will post 1.73 earnings per share for the current year.

Several hedge funds have recently modified their holdings of CIR. Bellwether Advisors LLC bought a new stake in shares of CIRCOR International during the 2nd quarter worth $32,000. Metropolitan Life Insurance Co NY boosted its stake in shares of CIRCOR International by 104,233.3% during the 2nd quarter. Metropolitan Life Insurance Co NY now owns 6,260 shares of the industrial products company’s stock worth $204,000 after acquiring an additional 6,254 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of CIRCOR International by 21.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 7,774 shares of the industrial products company’s stock worth $253,000 after acquiring an additional 1,367 shares in the last quarter. Amalgamated Bank bought a new stake in shares of CIRCOR International during the 2nd quarter worth $344,000. Finally, SG Americas Securities LLC bought a new stake in shares of CIRCOR International during the 3rd quarter worth $629,000. Institutional investors own 97.98% of the company’s stock.

CIRCOR International Company Profile (NYSE:CIR)

CIRCOR International, Inc engages in the provision of mission-critical flow control products and services for the Industrial and Aerospace & Defense markets. It operates through the following segments: Aerospace & Defense, and Industrial. The Aerospace and Defense segment is a diversified flow control technology platform.

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