Concrete Pumping (BBCP) Downgraded by Zacks Investment Research to Sell

Concrete Pumping stock has undergone multiple analysts rating changes in the recent past.  Concrete Pumping Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Concrete Pumping traded down -$0.03 on Wednesday, reaching $8.41. 46298 shares of the stock traded hands, compared to its average volume of 128796. Shares of Concrete Pumping were trading at $8.41 on Wednesday. The firm’s 50 day moving average is $8.44 and its 200 day moving average is $7.48.Concrete Pumping has a 12 month low of $8.33 and a 12 month high of $9.41. While on yearly highs and lows, Concrete Pumping’s today has traded high as $8.49 and has touched $8.33 on the downward trend. See More Analyst Rating at: RATING

Concrete Pumping Earnings and What to expect: 

Concrete Pumping last released its earnings results on September 7th, 2021. The reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.04. Concrete Pumping has generated ($0.09) earnings per share over the last year (($0.43) diluted earnings per share). Earnings for Concrete Pumping are expected to decrease by -12.20% in the coming year, from $0.41 to $0.36 per share. Concrete Pumping has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, January 11th, 2022 based off prior year’s report dates.

Earnings for Concrete Pumping are expected to decrease by -12.20% in the coming year, from $0.41 to $0.36 per share. The P/E ratio of Concrete Pumping is -19.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Concrete Pumping is -19.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Concrete Pumping has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Concrete Pumping (BBCP) Moving Average Technical Analysis

5 day Moving Average is $8.45 And 5 day price change is $0.09 (1.08%)  with average volume for 5 day average is 53,100. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $8.43 and 20 day price change is $0.38 (4.73%) and average 20 day moving volume is 128,595. 50 day moving average is $8.44  and 50 day price change is -$0.21 ( -2.44%)  and with average volume for 50 days is : 108,008. 200 day moving average is $7.48  and 200 day price change is $4.74 (129.16%)  and with average volume for 200 days is : 173,726.

Other owners latest trading in Concrete Pumping :

  • On 8/24/2021 shares held by AltraVue Capital LLC were 1,030,936 which equates to market value of $8.73M and appx 1.50% owners of Concrete Pumping
  • On 8/23/2021 shares held by Morgan Stanley were 57,183 which equates to market value of $0.49M and appx 0.00% owners of Concrete Pumping
  • On 8/17/2021 shares held by Robertson Stephens Wealth Management LLC were 92,779 which equates to market value of $0.79M and appx 0.10% owners of Concrete Pumping
  • In total Institutional ownership equates to Institutional Ownership Percentage: 31.28% for Concrete Pumping

See More Analyst Rating at: RATING