Is Core Molding Technologies, Inc. (CMT) a Stock to Watch After Losing 0.00% This Week?

The market has been down on Core Molding Technologies, Inc. (CMT) stock recently. CMT gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Core Molding Technologies, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CMT!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CMT Stock Today?

Core Molding Technologies, Inc. (CMT) stock is trading at $12.04 as of 2:33 PM on Wednesday, Aug 10, an increase of $0.99, or 8.96% from the previous closing price of $11.05. The stock has traded between $11.48 and $12.50 so far today. Volume today is high. So far 42,802 shares have traded compared to average volume of 14,288 shares. To see InvestorsObserver's Sentiment Score for Core Molding Technologies, Inc. click here.

More About Core Molding Technologies, Inc.

Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates in Columbus, Ohio, Columbus, and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and others. Click Here to get the full Stock Report for Core Molding Technologies, Inc. stock.