Concrete Pumping Holdings Inc (NASDAQ:BBCP) Director John M. Piecuch purchased 3,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The stock was bought at an average cost of $3.51 per share, for a total transaction of $10,530.00. Following the completion of the transaction, the director now owns 17,590 shares in the company, valued at $61,740.90. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
NASDAQ BBCP traded down $0.19 during mid-day trading on Thursday, reaching $3.32. The stock had a trading volume of 1,689 shares, compared to its average volume of 158,155. Concrete Pumping Holdings Inc has a 1 year low of $2.42 and a 1 year high of $10.03. The stock has a market cap of $206.68 million, a PE ratio of -9.22 and a beta of 0.68. The company has a fifty day moving average price of $4.90 and a 200 day moving average price of $4.49. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.66 and a quick ratio of 0.60.
Concrete Pumping (NASDAQ:BBCP) last announced its quarterly earnings data on Wednesday, March 11th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). Concrete Pumping had a negative return on equity of 3.00% and a negative net margin of 3.02%. The firm had revenue of $73.94 million during the quarter, compared to analysts’ expectations of $73.52 million. As a group, equities research analysts expect that Concrete Pumping Holdings Inc will post 0.07 earnings per share for the current year.
A number of analysts have recently commented on the company. ValuEngine cut Concrete Pumping from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 15th. Zacks Investment Research raised Concrete Pumping from a “sell” rating to a “hold” rating in a research report on Tuesday. DA Davidson began coverage on shares of Concrete Pumping in a report on Tuesday, March 17th. They issued a “neutral” rating and a $4.50 price objective for the company. Robert W. Baird lowered shares of Concrete Pumping from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $5.00 to $3.00 in a report on Tuesday. Finally, B. Riley decreased their price objective on shares of Concrete Pumping from $7.00 to $5.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average 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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