Shiloh Industries, Inc. (NASDAQ:SHLO) Rating Lowered to Hold at ValuEngine

ValuEngine cut shares of Shiloh Industries, Inc. (NASDAQ:SHLO) from a buy rating to a hold rating in a report released on Wednesday morning.

Separately, TheStreet lowered shares of Shiloh Industries from a c rating to a d+ rating in a research report on Wednesday, May 17th.

Shiloh Industries (NASDAQ SHLO) opened at 8.71 on Wednesday. Shiloh Industries has a 12 month low of $6.50 and a 12 month high of $16.69. The stock has a market cap of $155.67 million, a P/E ratio of 22.92 and a beta of 2.23. The stock has a 50 day moving average of $12.69 and a 200-day moving average of $11.94.

Shiloh Industries (NASDAQ:SHLO) last announced its earnings results on Thursday, June 1st. The basic materials company reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $273.03 million for the quarter. Shiloh Industries had a net margin of 0.68% and a return on equity of 11.38%. On average, equities analysts forecast that Shiloh Industries will post $1.60 EPS for the current fiscal year.

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About Shiloh Industries

Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.

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