Stock Stepping Up to a Recent High: CECO Environmental Corp. (NASDAQ:CECE)

Shares of CECO Environmental Corp. (NASDAQ:CECE) have seen a consistent move higher, reaching $14.06 on a recent bid. This move has generated strong interest from both investors and analysts alike. 

Recent Performance, Previous Highs/Lows

Let’s look at how the stock has been performing recently. Up to and including the current high, this year, CECO Environmental Corp. (NASDAQ:CECE)‘s stock has moved 79.16%.  The performance for the past week was 3.87%.  This past month, CECO Environmental Corp.’s stock is trading 32.61%, 19.40% over the last quarter, 63.79% for the past half-year and 59.84% for the past year.

In comparing current levels to the 50 day averages, CECO Environmental Corp.’s stock is 3.38% away from the recent high and 47.53% from the 50-day low. 

EPS and Recommendations

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a helpful indicator of a company’s profitability.  EPS is usually considered to be the most important variable in determining a share’s price.  CECO Environmental Corp.’s EPS growth this year is -139.00% and their trailing 12-month EPS is $0.29.  Analysts are estimating the firms growth for next year to be 12.91%.  Analysts on a consensus basis, on a numerical scale 1-5 scale, have an average recommendation of 2.30.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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