CECO Environmental (NASDAQ:CECE) Earning Somewhat Positive Media Coverage, Report Finds

News stories about CECO Environmental (NASDAQ:CECE) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CECO Environmental earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.6957430992489 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

CECO Environmental (NASDAQ:CECE) traded down $0.02 on Friday, reaching $5.07. The company’s stock had a trading volume of 136,623 shares, compared to its average volume of 153,274. The stock has a market cap of $176.66, a P/E ratio of -4.09, a P/E/G ratio of 0.61 and a beta of 1.31. CECO Environmental has a one year low of $4.68 and a one year high of $13.93. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 1.38.

CECO Environmental (NASDAQ:CECE) last released its quarterly earnings data 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). The firm had revenue of $85.00 million for the quarter, compared to analysts’ expectations of $92.66 million. CECO Environmental had a positive return on equity of 11.91% and a negative net margin of 11.47%. The company’s revenue for the quarter was down 16.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.24 earnings per share. equities analysts anticipate that CECO Environmental will post 0.39 EPS for the current year.

Several equities research analysts have recently weighed in on the company. TheStreet downgraded CECO Environmental from a “c-” rating to a “d+” rating in a report on Monday, November 27th. Needham & Company LLC downgraded CECO Environmental from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded CECO Environmental from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine downgraded CECO Environmental from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Finally, Roth Capital reiterated a “neutral” rating on shares of CECO Environmental in a report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.00.

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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.

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