Core Molding Technologies (NYSE:CMT) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Core Molding Technologies (NYSE:CMTGet Rating) in a research report released on Monday. The firm issued a strong-buy rating on the stock.

Separately, EF Hutton Acquisition Co. I increased their price target on Core Molding Technologies from $15.00 to $16.00 and gave the company a buy rating in a research report on Wednesday, August 10th.

Core Molding Technologies Stock Performance

Shares of NYSE CMT opened at $10.91 on Monday. The stock has a 50 day moving average price of $10.12 and a 200 day moving average price of $10.49. Core Molding Technologies has a 52 week low of $7.96 and a 52 week high of $13.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.05 and a current ratio of 1.50. The stock has a market capitalization of $97.32 million, a PE ratio of 11.73 and a beta of 1.86.

About Core Molding Technologies

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Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.

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