Is This Stock a Screaming Buy: Core Molding Technologies Inc. (:CMT)

Equity Research firms currently have a positive stance on shares of Core Molding Technologies Inc. (:CMT). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $16.00 on a short term basis.

At the time of writing, the stock was trading at $18.91. This represents a change from the opening price of 1.56%. In terms of performance, year to date, the stock is 46.22%. The monthly stock performance comes in at 24.57%. For the quarter, shares are performing at 31.65%. Weekly performance analysis shows the equity at 13.29%.

In taking a look at technical levels, shares are trading 23.63% away from the 50 day simple moving average and 45.63% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -14.05% away from it’s 52- week high and 104.88% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Core Molding Technologies Inc.’s RSI stands at 84.00. In looking at volatility levels, the shares saw weekly volatility of 5.45% and 4.49% over the past month.

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