ValuEngine cut shares of Seacor (NYSE:CKH) from a hold rating to a sell rating in a report released on Tuesday, December 10th, ValuEngine reports.
Separately, Zacks Investment Research cut shares of Seacor from a hold rating to a strong sell rating in a research report on Friday, November 1st.
Shares of NYSE CKH traded up $2.48 during midday trading on Tuesday, reaching $45.63. 130,030 shares of the stock were exchanged, compared to its average volume of 127,761. The company has a 50 day simple moving average of $42.16 and a 200 day simple moving average of $45.45. The stock has a market capitalization of $867.51 million, a P/E ratio of 25.21 and a beta of 0.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.41 and a current ratio of 1.44. Seacor has a twelve month low of $37.06 and a twelve month high of $51.42.
Seacor (NYSE:CKH) last announced its quarterly earnings results on Monday, October 28th. The oil and gas company reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.17). The firm had revenue of $200.66 million for the quarter, compared to analyst estimates of $201.84 million. Seacor had a return on equity of 3.69% and a net margin of 2.92%. On average, research analysts expect that Seacor will post 1.77 earnings per share for the current year.
Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new position in shares of Seacor during the 3rd quarter worth approximately $74,000. Bank of Montreal Can boosted its position in shares of Seacor by 325.9% during the 2nd quarter. Bank of Montreal Can now owns 1,925 shares of the oil and gas company’s stock worth $91,000 after purchasing an additional 1,473 shares during the period. SG Americas Securities LLC purchased a new position in Seacor in the 3rd quarter valued at approximately $117,000. Envestnet Asset Management Inc. purchased a new position in Seacor in the 2nd quarter valued at approximately $225,000. Finally, AQR Capital Management LLC purchased a new position in Seacor in the 2nd quarter valued at approximately $250,000. 84.38% of the stock is owned by hedge funds and other institutional investors.
Seacor Company Profile
SEACOR Holdings Inc engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & Logistics Services, Inland Transportation & Logistics Services, Witt O’Brien’s, and Other segments.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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