Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall acquired 3,000 shares of the firm’s stock in a transaction dated Monday, November 19th. The shares were purchased at an average price of $7.10 per share, for a total transaction of $21,300.00. Following the completion of the transaction, the chief executive officer now directly owns 109,838 shares in the company, valued at $779,849.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of CMT stock traded up $0.40 on Friday, hitting $7.51. 360 shares of the stock traded hands, compared to its average volume of 37,655. Core Molding Technologies, Inc. has a 52 week low of $6.37 and a 52 week high of $23.80.
Separately, TheStreet downgraded shares of Core Molding Technologies from a “c” rating to a “d+” rating in a research report on Friday, November 9th.
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About Core Molding Technologies
Core Molding Technologies, Inc, together with its subsidiaries, manufactures sheet molding compound (SMC) and molds fiberglass reinforced plastics. It specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics, bulk molding compounds, and direct long-fiber thermoplastics; and spray-up, hand lay-up, and resin transfer molding.
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