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In the latest session, Concrete Pumping Holdings Inc (NASDAQ: BBCP) closed at $4.96 down -17.88% from its previous closing price of $6.04. In other words, the price has decreased by -$17.88 from its previous closing price. On the day, 0.6 million shares were traded. BBCP stock price reached its highest trading level at $5.48 during the session, while it also had its lowest trading level at $4.78.
Ratios:
For a deeper understanding of Concrete Pumping Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on September 06, 2024, Downgraded its rating to Neutral and sets its target price to $6.25 from $10.50 previously.
JP Morgan Downgraded its Overweight to Neutral on October 19, 2023, whereas the target price for the stock was revised from $8 to $8.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 14 ’24 when Young Bruce F. sold 5,000 shares for $7.00 per share. The transaction valued at 35,000 led to the insider holds 2,040,753 shares of the business.
Young Bruce F. sold 5,000 shares of BBCP for $36,050 on Apr 15 ’24. The Chief Executive Officer now owns 2,054,275 shares after completing the transaction at $7.21 per share. On Apr 16 ’24, another insider, Young Bruce F., who serves as the Chief Executive Officer of the company, sold 5,000 shares for $7.09 each. As a result, the insider received 35,450 and left with 2,049,275 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BBCP now has a Market Capitalization of 263630944 and an Enterprise Value of 703963392. As of this moment, Concrete’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.72, and their Forward P/E ratio for the next fiscal year is 11.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.698 whereas that against EBITDA is 6.371.
Stock Price History:
The Beta on a monthly basis for BBCP is 0.97, which has changed by -0.34478205 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, BBCP has reached a high of $8.60, while it has fallen to a 52-week low of $4.47. The 50-Day Moving Average of the stock is -29.21%, while the 200-Day Moving Average is calculated to be -15.74%.
Shares Statistics:
For the past three months, BBCP has traded an average of 188.53K shares per day and 170110 over the past ten days. A total of 53.27M shares are outstanding, with a floating share count of 22.38M. Insiders hold about 57.89% of the company’s shares, while institutions hold 30.55% stake in the company. Shares short for BBCP as of 1740700800 were 483464 with a Short Ratio of 2.56, compared to 1738281600 on 405786. Therefore, it implies a Short% of Shares Outstanding of 483464 and a Short% of Float of 2.0499999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
