CIRCOR International (NYSE:CIR) Hits New 12-Month Low at $24.01

Shares of CIRCOR International, Inc. (NYSE:CIR) reached a new 52-week low on Saturday . The company traded as low as $24.01 and last traded at $24.58, with a volume of 95808 shares. The stock had previously closed at $24.76.

Separately, Zacks Investment Research downgraded CIRCOR International from a “hold” rating to a “sell” rating in a research report on Wednesday, October 13th.

The company has a debt-to-equity ratio of 2.75, a quick ratio of 1.58 and a current ratio of 2.32. The business has a fifty day simple moving average of $28.56 and a two-hundred day simple moving average of $30.90.

CIRCOR International (NYSE:CIR) last announced its earnings results on Friday, November 12th. The industrial products company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.06). The business had revenue of $190.78 million during the quarter, compared to analyst estimates of $205.25 million. CIRCOR International had a positive return on equity of 18.58% and a negative net margin of 4.61%. During the same period in the previous year, the firm earned $0.36 earnings per share. Equities research analysts predict that CIRCOR International, Inc. will post 1.73 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Gamco Investors INC. ET AL raised its position in CIRCOR International by 0.3% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,029,915 shares of the industrial products company’s stock worth $33,997,000 after purchasing an additional 2,600 shares during the last quarter. Bank of New York Mellon Corp raised its position in CIRCOR International by 2.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 178,032 shares of the industrial products company’s stock worth $5,877,000 after purchasing an additional 4,217 shares during the last quarter. Acuitas Investments LLC raised its position in CIRCOR International by 18.9% in the 2nd quarter. Acuitas Investments LLC now owns 77,911 shares of the industrial products company’s stock worth $2,540,000 after purchasing an additional 12,361 shares during the last quarter. Teton Advisors Inc. raised its position in shares of CIRCOR International by 0.8% during the 3rd quarter. Teton Advisors Inc. now owns 52,966 shares of the industrial products company’s stock valued at $1,748,000 after acquiring an additional 400 shares during the last quarter. Finally, Keeley Teton Advisors LLC raised its position in shares of CIRCOR International by 14.3% during the 3rd quarter. Keeley Teton Advisors LLC now owns 52,926 shares of the industrial products company’s stock valued at $1,747,000 after acquiring an additional 6,620 shares during the last quarter. 97.98% of the stock is currently owned by institutional investors and hedge funds.

About CIRCOR International (NYSE:CIR)

CIRCOR International, Inc engages in the provision of mission-critical flow control products and services for the Industrial and Aerospace & Defense markets. It operates through the following segments: Aerospace & Defense, and Industrial. The Aerospace and Defense segment is a diversified flow control technology platform.

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