Core Molding Technologies, Inc. (NYSEAMERICAN:CMT – Get Rating) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.00 and traded as high as $12.80. Core Molding Technologies shares last traded at $12.78, with a volume of 22,130 shares trading hands.

Core Molding Technologies Stock Performance

The company has a market cap of $114.00 million, a price-to-earnings ratio of 13.74 and a beta of 1.87. The company has a quick ratio of 1.05, a current ratio of 1.50 and a debt-to-equity ratio of 0.21.

Hedge Funds Weigh In On Core Molding Technologies

A number of institutional investors have recently modified their holdings of the stock. HM Payson & Co. purchased a new position in shares of Core Molding Technologies in the 1st quarter valued at about $35,000. Koss Olinger Consulting LLC increased its stake in shares of Core Molding Technologies by 25.0% in the 2nd quarter. Koss Olinger Consulting LLC now owns 15,354 shares of the industrial products company's stock valued at $141,000 after purchasing an additional 3,073 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Core Molding Technologies by 6.9% in the 3rd quarter. Royal Bank of Canada now owns 15,503 shares of the industrial products company's stock valued at $154,000 after purchasing an additional 1,003 shares in the last quarter. State Street Corp increased its stake in shares of Core Molding Technologies by 16.4% in the 1st quarter. State Street Corp now owns 19,561 shares of the industrial products company's stock valued at $210,000 after purchasing an additional 2,753 shares in the last quarter. Finally, Thompson Davis & CO. Inc. purchased a new position in shares of Core Molding Technologies in the 3rd quarter valued at about $571,000. Hedge funds and other institutional investors own 41.73% of the company's stock.

Core Molding Technologies Company Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.

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