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Zacks Investment Research downgraded Commercial Metals Company (NYSE:CMC) to Sell in a statement released earlier today.

Zacks Investment Research has downgraded Commercial Metals Company (NYSE:CMC) to Sell in a report released on 06/20/2017.

Only yesterday Commercial Metals Company (NYSE:CMC) traded 2.79% higher at $18.67. Commercial Metals Company’s 50-day average is $18.28 and its two hundred day average is $18.75. With the last stock price close down -3.66% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,317,560 shares of CMC traded hands, up from an average trading volume of 2,132,280

Recent Performance Chart

Commercial Metals Company (NYSE:CMC)

With a total market value of $0, Commercial Metals Company has P/E ratio of 27.91 with a 52 week low of $14.99 and a 52 week high of $24.64 .

A total of 8 analysts have released a research note on Commercial Metals Company. 1 firm rating the stock a strong buy, 1 equity analyst rating the company a buy, six equity analysts rating the company a hold, 1 broker rating the stock a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $16.56.

About Commercial Metals Company (NYSE:CMC)

Commercial Metals Company, together with its subsidiaries, manufactures, recycles and markets steel and metal products, related materials and services through a network. The Company's Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment consists of steel mills, commonly referred to as minimills that produce reinforcing bar (rebar), angles, flats and rounds. Its Americas Fabrication segment consists of its steel fabrication facilities that bend, weld, cut and fabricate steel, primarily rebar. Its International Mill segment consists of its mill, recycling and fabrication operations located in Poland. Its International Marketing and Distribution segment includes international operations for the sales, distribution and processing of primary and secondary metals, fabricated metals, semi-finished, long and flat steel products, and other industrial products.

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