Core Molding Technologies (NYSEAMERICAN:CMT) Share Price Breaks Below 50-Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Oct 14th, 2026

Shares of Core Molding Technologies Inc (NYSEAMERICAN:CMT – Get Free Report) crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $24.25 and traded as low as $23.31. Core Molding Technologies shares last traded at $23.47, with a volume of 44,688 shares trading hands.

Analysts Set New Price Targets

CMT has been the topic of a number of recent research reports. Roth Capital restated a “buy” rating and issued a $30.00 target price on shares of Core Molding Technologies in a report on Wednesday, August 5th. Zacks Research raised shares of Core Molding Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.00.

Read Our Latest Research Report on Core Molding Technologies

Core Molding Technologies Trading Up 1.5%

The stock has a market capitalization of $212.84 million, a PE ratio of 27.97 and a beta of 0.39. The company’s 50 day simple moving average is $24.23 and its 200 day simple moving average is $24.25.

Core Molding Technologies (NYSEAMERICAN:CMT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.18. Core Molding Technologies had a return on equity of 4.64% and a net margin of 2.89%. The company had revenue of $62.73 million during the quarter, compared to the consensus estimate of $60.05 million. As a group, analysts predict that Core Molding Technologies Inc will post 0.50 EPS for the current year.

Insider Activity at Core Molding Technologies

In related news, Director Ralph O. Hellmold sold 4,268 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $25.82, for a total value of $110,199.76. Following the completion of the transaction, the director directly owned 33,501 shares in the company, valued at approximately $864,995.82. This represents a 11.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Core Molding Technologies

A number of hedge funds have recently added to or reduced their stakes in CMT. Empowered Funds LLC purchased a new stake in Core Molding Technologies in the 2nd quarter valued at about $1,382,000. Public Employees Retirement System of Ohio acquired a new position in shares of Core Molding Technologies during the 2nd quarter valued at about $137,000. Bank of America Corp DE acquired a new position in shares of Core Molding Technologies during the 2nd quarter valued at about $485,000. Bard Associates Inc. acquired a new position in shares of Core Molding Technologies during the 2nd quarter valued at about $3,388,000. Finally, CM Wealth Advisors LLC acquired a new position in shares of Core Molding Technologies during the 2nd quarter valued at about $703,000. 58.79% of the stock is owned by institutional investors and hedge funds.

About Core Molding Technologies

(Get Free Report)

Core Molding Technologies, Inc is a manufacturer of molded composite products and materials for commercial and industrial markets. The company produces sheet molding compound, bulk molding compound and other composite materials, as well as finished components and assemblies made through processes such as compression molding, resin transfer molding and related thermoset and thermoplastic technologies.

Its products are used in applications across the heavy-truck, transportation, automotive, powersports, construction and other industrial sectors.