Concrete Pumping Holdings Inc (NASDAQ:BBCP) Director John M. Piecuch purchased 3,000 shares of the stock in a transaction dated Tuesday, March 24th. The stock was purchased at an average cost of $3.51 per share, for a total transaction of $10,530.00.
Shares of BBCP traded down $0.04 during trading hours on Wednesday, reaching $3.51. 76,439 shares of the company’s stock traded hands, compared to its average volume of 93,704. The stock has a market cap of $206.68 million, a PE ratio of -9.75 and a beta of 0.68. The company has a current ratio of 0.66, a quick ratio of 0.60 and a debt-to-equity ratio of 1.10. The firm’s 50 day simple moving average is $4.90 and its 200-day simple moving average is $4.49. Concrete Pumping Holdings Inc has a 12 month low of $2.42 and a 12 month high of $10.03.
Concrete Pumping (NASDAQ:BBCP) last posted its quarterly earnings data on Wednesday, March 11th. The company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.03). The company had revenue of $73.94 million during the quarter, compared to the consensus estimate of $73.52 million. Concrete Pumping had a negative return on equity of 3.00% and a negative net margin of 3.02%. As a group, analysts expect that Concrete Pumping Holdings Inc will post 0.07 earnings per share for the current fiscal year.
Several equities analysts recently commented on the stock. Zacks Investment Research raised shares of Concrete Pumping from a “sell” rating to a “hold” rating in a research note on Tuesday. DA Davidson started coverage on shares of Concrete Pumping in a research note on Tuesday, March 17th. They issued a “neutral” rating and a $4.50 target price on the stock. BidaskClub downgraded shares of Concrete Pumping from a “buy” rating to a “hold” rating in a report on Friday, March 13th. B. Riley reduced their price target on shares of Concrete Pumping from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. Finally, Robert W. Baird cut shares of Concrete Pumping from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $5.00 to $3.00 in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $5.36.
About Concrete Pumping
Concrete Pumping Holdings, Inc provides concrete pumping and concrete waste management services. The company offers concrete pumping services under the Brundage-Bone brand and concrete waste management services under the Eco-Pan brand in the United States; and concrete pumping services under the Camfaud brand in the United Kingdom.
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