News coverage about CECO Environmental (NASDAQ:CECE) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CECO Environmental earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.7562371322039 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:

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Several research analysts recently commented on the stock. TheStreet downgraded shares of CECO Environmental from a “c-” rating to a “d+” rating in a research note on Monday, November 27th. Zacks Investment Research downgraded shares of CECO Environmental from a “hold” rating to a “strong sell” rating in a research note on Monday, March 12th. ValuEngine downgraded shares of CECO Environmental from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $7.00 price target on shares of CECO Environmental in a research note on Friday, March 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $7.00.

CECO Environmental stock traded down $0.13 during mid-day trading on Monday, reaching $4.98. 82,233 shares of the company traded hands, compared to its average volume of 170,352. The stock has a market cap of $177.51, a P/E ratio of -55.22, a PEG ratio of 0.87 and a beta of 1.12. CECO Environmental has a 52 week low of $4.00 and a 52 week high of $12.03. The company has a quick ratio of 1.42, a current ratio of 1.61 and a debt-to-equity ratio of 0.55.

CECO Environmental (NASDAQ:CECE) last posted its quarterly earnings results on Thursday, March 8th. The industrial products company reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.10). The company had revenue of $73.54 million during the quarter, compared to analysts’ expectations of $80.00 million. CECO Environmental had a positive return on equity of 4.81% and a negative net margin of 0.88%. analysts predict that CECO Environmental will post 0.39 earnings per share for the current fiscal year.

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About CECO Environmental

CECO Environmental Corp. is a provider of engineered technologies to the environmental, energy, and fluid handling and filtration industrial segments. The Company is focused 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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