Commercial Metals to supply steel for U.S. highway, CEO says [Seeking Alpha]
Commercial Metals Company (CMC)
Last commercial metals company earnings: 3/19 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
ir.cmc.com
Company Research
Source: Seeking Alpha
Commercial Metals to supply steel for U.S. highway, CEO says Mar. 19, 2020 6:21 PM ET | Commercial Metals Company (CMC) Carl Surran Commercial Metals (NYSE: earnings conference call Smith said Commercial Metals is still seeing lots of bidding activity, booking orders and shipping metal to companies, and although cancellations also occur due to the coronavirus, most customers "are saying 'We'll do it next year,' so it's just moving the date out at this point." Smith expects a quick recovery from anticipated demand destruction due to the coronavirus, based on how China is bouncing back, and said the company is in good shape to handle impacts of the virus due to a strong cash position. Not every steel company will be affected the same way by the crisis, the CEO said; Commercial Metals is heavily focused on the construction industry while competitors which rely on demand from the energy and automotive sectors will take a heavier hit. Commercials Metals closed +8.7% in today's trade aft
Show less
Read more
Impact Snapshot
Event Time:
CMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMC alerts
High impacting Commercial Metals Company news events
Weekly update
A roundup of the hottest topics
CMC
News
- With 88% institutional ownership, Commercial Metals Company (NYSE:CMC) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- Commercial Metals (NYSE: CMC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Commercial Metals (NYSE: CMC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- If You Invested $1000 in Commercial Metals 10 Years Ago, This Is How Much You'd Have Now [Yahoo! Finance]Yahoo! Finance
- These 5 Steel Stocks Are Showing Strength: A Price Chart Analysis. [Forbes]Forbes
CMC
Earnings
- 3/21/24 - Beat
CMC
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- CMC's page on the SEC website