Ceco Environmental Corp (CECE) Files Form 4 Insider Buying : Seth Rudin Buys 700 Shares

Ceco Environmental Corp (CECE): Seth Rudin , director of Ceco Environmental Corp purchased 700 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.59 per share for a total value of $5,313.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 6, 2016, Claudio A Mannarino (director) purchased 3,000 shares at $7.11 per share price.On Dec 15, 2015, Jeffrey Lang (CEO) purchased 13,000 shares at $7.20 per share price.Also, On Dec 7, 2015, Jonathan Pollack (director) purchased 7,000 shares at $7.79 per share price.On Dec 1, 2015, Arthur Cape (director) sold 6,000 shares at $8.54 per share price.

Shares of CECO Environmental Corp. (CECE) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -1.92% at $7.68 with 1,32,894 shares getting traded. Post opening the session at $7.79, the shares hit an intraday low of $7.61 and an intraday high of $7.82 and the price vacillated in this range throughout the day. The company has a market cap of $262 M and the number of outstanding shares has been calculated to be 3,40,93,856 shares. The 52-week high of CECO Environmental Corp. is $11.76 and the 52-week low is $5.6.

CECO Environmental Corp. Money Flow Index Chart

Company has been under the radar of several Street Analysts.CECO Environmental Corp. is Reiterated by Needham to Buy while Lowering the Price Target of the company shares to $ 10 from a previous price target of $13 . The Rating was issued on Mar 11, 2016.CECO Environmental Corp. is Downgraded by Drexel Hamilton to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 11, 2016.

CECO Environmental Corp. is an environmental technology company focused on solutions in the product recovery air pollution control fluid handling and filtration industries. The Company is focused on engineering designing building and installing systems that capture clean and destroy airborne contaminants from industrial facilities as well as equipment that controls emissions from such facilities as well as fluid handling and filtration systems. It provides a spectrum of products and services including dampers and diverters cyclonic technology thermal oxidizers filtration systems scrubbers fluid handling equipment and plant engineering services and other. It operates through three segments: Air Pollution Control segment which offers product recovery and air pollution control technologies Energy segment which offers solutions for the power and petrochemical industry and Fluid Handling and Filtration Segment which offers pump filtration and fume exhaust solutions.

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