CECO Environmental (CECE) Receiving Somewhat Positive Press Coverage, Report Shows
News coverage about CECO Environmental (NASDAQ:CECE) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CECO Environmental earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.7406922170146 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of brokerages have recently issued reports on CECE. Zacks Investment Research upgraded shares of CECO Environmental from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine lowered shares of CECO Environmental from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Roth Capital restated a “neutral” rating on shares of CECO Environmental in a research report on Thursday, November 9th. TheStreet lowered shares of CECO Environmental from a “c-” rating to a “d+” rating in a research report on Monday, November 27th. Finally, Needham & Company LLC lowered shares of CECO Environmental from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. CECO Environmental has a consensus rating of “Hold” and a consensus target price of $12.00.
Shares of CECO Environmental (CECE) traded up $0.02 on Tuesday, reaching $5.09. 141,800 shares of the company’s stock traded hands, compared to its average volume of 157,293. The company has a quick ratio of 1.38, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. CECO Environmental has a one year low of $4.68 and a one year high of $13.85. The firm has a market capitalization of $175.27, a price-to-earnings ratio of -4.04, a P/E/G ratio of 0.60 and a beta of 1.31.
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.
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