Traders are feeling more bullish recently if you put credence in the fall in short interest. The firm realized a fall in short interest of -20.80% between September 15, 2017 and September 29, 2017. Short shares fell 78,787 over that period. With short interest at 299,906 and short average daily volume at 668,640, days to cover is 0.0 and the percentage of shorted shares is 0.00% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (CSTM). As of the end of the quarter Cubist Systematic Strategies, LLC had sold 12,445 shares trimming its stake by 35.0%. The value of the investment in CSTM went from $231,000 to $160,000 decreasing 30.7% quarter to quarter. Bluecrest Capital Management Ltd augmented its stake by buying 7,900 shares an increase of 5.8% from 03/31/2017 to 06/30/2017. Bluecrest Capital Management Ltd currently owns 144,331 shares with a value of $996,000. The value of the position overall is up by 12.3%.
As of quarter end Motley Fool Wealth Management, LLC had acquired a total of 21,284 shares growing its position 5.2%. The value of the company’s investment in Constellium N.V. Ordinary Share increased from $2,657,000 to $2,968,000 a change of 11.7% for the reporting period. As of quarter end Concourse Capital Management, LLC had bought a total of 9,400 shares growing its holdings by 1.9%. The value in dollars increased from $3,268,000 to $3,534,000 a change of $266,000 since the last quarter.
The company is up by 0.69%% since yesterday’s close of 10.85. Company shares last traded at $10.93 which is just a bit higher than $10.54, the 50 day moving average and which is well above the 200 day moving average of $8.11. The 50 day moving average was up by +3.624% and the 200 day average moved up $2.82.
The P/E ratio is currently 40.918 and the market cap of the company is 1.15B. In the last earnings report the EPS was $0.27 and is expected to be $0.61 for the current year with 105,635,000 shares outstanding. Next quarter’s EPS is expected be $0.11 with next year’s EPS projected to be $1.16.
Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including can stock and closure stock for the beverage and food industry, and foil stock for the flexible packaging market. It also supplies automotive sheets, heat exchangers, and sheet and coils for the building and constructions markets. The Aerospace & Transportation segment provides aluminum and specialty materials products, including aerospace plates and sheets, aerospace wingskins, plates for general engineering, and sheets for transportation applications, as well as other extrusions and precision casting products. This segment serves aerospace, transportation, industry, and defense sectors. The Automotive Structures & Industry segment offers crash management systems, side impact beams, body structures, and cockpit carriers; and soft and hard alloy extrusions, and large profiles for automotive, rail, road, energy, building, and industrial applications. This segment also provides downstream technology and services, which include pre-machining, surface treatment, research and development, and technical support services. The company sells its products directly or through distributors in France, Germany, the Czech Republic, the United Kingdom, Switzerland, Italy, and the United States, as well as Tokyo, Shanghai, Seoul, and Singapore. Constellium N.V. was incorporated in 2010 and is headquartered in Schiphol-Rijk, the Netherlands..