CECO Environmental Corp. (NASDAQ:CECE)’s share price traded down 1.8% on Monday . The stock traded as low as $9.18 and last traded at $9.21, with a volume of 122,026 shares changing hands. The stock had previously closed at $9.38.

Several equities analysts have weighed in on the company. Canaccord Genuity reaffirmed a “buy” rating and issued a $12.00 price objective on shares of CECO Environmental Corp. in a report on Friday, May 13th. Seaport Global Securities raised CECO Environmental Corp. from a “speculative buy” rating to a “buy” rating in a report on Wednesday, May 11th. Finally, Zacks Investment Research raised CECO Environmental Corp. from a “sell” rating to a “hold” rating in a report on Thursday, May 12th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $10.53.

The firm has a 50 day moving average price of $8.65 and a 200 day moving average price of $7.27. The stock’s market cap is $312.54 million.

CECO Environmental Corp. (NASDAQ:CECE) last announced its quarterly earnings data on Tuesday, May 10th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.04. The firm had revenue of $103.20 million for the quarter, compared to the consensus estimate of $99.66 million. CECO Environmental Corp.’s revenue for the quarter was up 27.4% on a year-over-year basis. During the same period last year, the company posted $0.21 earnings per share. Equities research analysts forecast that CECO Environmental Corp. will post $0.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Saturday, June 18th were issued a dividend of $0.066 per share. This represents a $0.26 annualized dividend and a yield of 2.87%. The ex-dividend date was Wednesday, June 15th.

A hedge fund recently raised its stake in CECO Environmental Corp. stock. Olstein Capital Management L.P. boosted its stake in shares of CECO Environmental Corp. (NASDAQ:CECE) by 16.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 590,000 shares of the company’s stock after buying an additional 85,000 shares during the period. Olstein Capital Management L.P. owned approximately 1.74% of CECO Environmental Corp. worth $4,531,000 at the end of the most recent reporting period.

CECO Environmental Corp. is a provider of engineered technologies to the environmental, energy, and fluid handling and filtration industrial segments. The Company focuses on engineering, designing, building and installing systems that capture, clean and destroy airborne contaminants from industrial facilities, as well as equipment that controls emissions from such facilities, and fluid handling and filtration systems.

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