Media stories about CECO Environmental (NASDAQ:CECE) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CECO Environmental earned a daily sentiment score of 0.00 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.0800548275699 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

CECE has been the subject of several analyst reports. ValuEngine cut shares of CECO Environmental from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of CECO Environmental from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. Roth Capital restated a “neutral” rating on shares of CECO Environmental in a research report on Thursday, November 9th. 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. Finally, TheStreet lowered shares of CECO Environmental from a “c-” rating to a “d+” rating in a research report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $12.00.

Shares of CECO Environmental (CECE) traded up $0.31 on Tuesday, reaching $5.11. 581,100 shares of the company’s stock traded hands, compared to its average volume of 197,877. 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 $14.55. The firm has a market capitalization of $166.60, a price-to-earnings ratio of 7.27, a P/E/G ratio of 0.82 and a beta of 1.30.

CECO Environmental (NASDAQ:CECE) last issued its earnings results on Wednesday, November 8th. The industrial products company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.12). CECO Environmental had a positive return on equity of 11.91% and a negative net margin of 11.47%. The company had revenue of $85.00 million for the quarter, compared to analyst estimates of $92.66 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s quarterly revenue was down 16.3% compared to the same quarter last year. sell-side analysts predict that CECO Environmental will post 0.39 EPS for the current fiscal year.

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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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