Stock price performance of Commercial Metals Company is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 1.73% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 33% . Looking at the past 52 week period, the stock price is up at 53.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Commercial Metals Company has a positive value of 28.34 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.14% and the 50-Day Moving Average is 3.55%.The 200 Day SMA reached 18.9%
Commercial Metals Company is having a Relative Strength Index of 49.09 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Commercial Metals Company (NYSE:CMC) rallied by 0.05% during the past week but lost 6.37% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.07%. Commercial Metals Company (NYSE:CMC) has underperformed the index by 7.2% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Jan 27, 2017, Adam R Hickey (VP & Chief Accounting Officer) sold 2,085 shares at 20.85 per share price.On Nov 14, 2016, Adam B. Batchelor (VICE PRESIDENT OF STRATEG) sold 5,372 shares at 20.37 per share price.On Nov 14, 2016, Terry P. Hatten (VP & CHIEF HUMAN RESOURCE) sold 4,313 shares at 20.00 per share price.
Commercial Metals Company Last issued its quarterly earnings results on Jan 9, 2017. The company reported $0.05 EPS for the quarter, missing the analyst consensus estimate by $ -0.11. Analyst had a consensus of $0.16. The company had revenue of $1075.00 million for the quarter, compared to analysts expectations of $1103.33 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Commercial Metals Company was Downgraded by Citigroup to Neutral on Jan 19, 2017. Commercial Metals Company was Downgraded by Jefferies to Hold on Dec 12, 2016. Commercial Metals Company was Upgraded by Jefferies to Buy on Nov 9, 2016. Commercial Metals Company was Upgraded by Citigroup to Buy on Nov 9, 2016.
Commercial Metals Company (NYSE:CMC) : On Friday heightened volatility was witnessed in Commercial Metals Company (NYSE:CMC) which led to swings in the share price. The stock opened for trading at $20.84 and hit $21.18 on the upside , eventually ending the session at $21.16, with a gain of 1.63% or 0.34 points. The heightened volatility saw the trading volume jump to 2,891,901 shares. The 52-week high of the share price is $24.64 and the company has a market cap of $2,445 million. The 52-week low of the share price is at $12.915 .
Commercial Metals Company has three segments – manufacturing, recycling, and marketing and trading. Activities are primarily concerned with metals related activities. The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed, capital expenditures, operating profit and number of employees. The recycling segment is engaged in processing secondary, or scrap, metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals, and fabricated metals.