Core Molding Technologies, Inc. (CMT) stock is up 6.49% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With CMT Stock Today?
Core Molding Technologies, Inc. (CMT) stock is trading at $8.37 as of 2:51 PM on Tuesday, Sep 15, a gain of $1.01, or 13.72% from the previous closing price of $7.36. The stock has traded between $7.63 and $8.81 so far today. Volume today is elevated. So far 69,953 shares have traded compared to average volume of 29,103 shares.
To see InvestorsObserver's Sentiment Score for Core Molding Technologies, Inc. click here.
More About Core Molding Technologies, Inc.
Core Molding Technologies Inc is a sheet molding compound and molder of fiberglass reinforced plastics manufacturer. The company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. Its products include large-format moldings and fiberglass processes, including compression molding of SMC(Sheet Molding Compound), glass mat thermoplastics, and bulk molding compounds; spray-up, hand-lay-up, and resin transfer molding. The firm operates various production facilities across the United States, Canada, Mexico and other parts of the world, out of which the majority of the revenue is generated from the United States.
Click Here to get the full Stock Score Report on Core Molding Technologies, Inc. (CMT) Stock.
