Roth Capital reaffirmed their neutral rating on shares of CECO Environmental (NASDAQ:CECE) in a research report sent to investors on Thursday, November 9th, MarketBeat Ratings reports.
A number of other equities analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of CECO Environmental from a sell rating to a hold rating in a research report on Tuesday, July 18th. ValuEngine lowered shares of CECO Environmental from a buy rating to a hold rating in a report on Friday, September 1st. BidaskClub lowered shares of CECO Environmental from a sell rating to a strong sell rating in a report on Thursday, July 27th. Finally, William Blair lowered shares of CECO Environmental from an outperform rating to a market perform rating in a report on Friday, August 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. CECO Environmental currently has an average rating of Hold and an average target price of $12.00.
Shares of CECO Environmental (NASDAQ:CECE) opened at $5.41 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.38 and a current ratio of 1.57. CECO Environmental has a 12-month low of $5.15 and a 12-month high of $14.88. The firm has a market cap of $191.59, a P/E ratio of 8.36, a price-to-earnings-growth ratio of 0.94 and a beta of 1.46.
A number of hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in shares of CECO Environmental during the first quarter worth about $112,000. Tudor Investment Corp ET AL acquired a new stake in shares of CECO Environmental during the second quarter worth about $101,000. Gotham Asset Management LLC acquired a new stake in shares of CECO Environmental during the first quarter worth about $135,000. KCG Holdings Inc. acquired a new stake in CECO Environmental in the first quarter valued at approximately $151,000. Finally, Voya Investment Management LLC raised its holdings in CECO Environmental by 23.2% in the second quarter. Voya Investment Management LLC now owns 15,660 shares of the industrial products company’s stock valued at $144,000 after acquiring an additional 2,947 shares in the last quarter. 67.41% of the stock is owned by institutional investors.
TRADEMARK VIOLATION NOTICE: This article was first posted by BBNS and is the property of of BBNS. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://baseballnewssource.com/markets/ceco-environmental-corp-cece-receives-neutral-rating-from-roth-capital/1772037.html.
CECO Environmental Company Profile
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.
Receive News & Ratings for CECO Environmental Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CECO Environmental Corp. and related companies with our FREE daily email newsletter.