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Concrete Pumping (BBCP) Hits New 52-Week Low at $6.42 - Stock Observer

Concrete Pumping Holdings Inc (NASDAQ:BBCP) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $6.42 and last traded at $6.42, with a volume of 300 shares. The stock had previously closed at $6.96.

Separately, B. Riley began coverage on Concrete Pumping in a research note on Wednesday, January 2nd. They set a “buy” rating and a $12.00 target price for the company.

Get Concrete Pumping alerts: The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $198.76 million, a P/E ratio of 2.79 and a beta of 0.63.

Concrete Pumping (NASDAQ:BBCP) last issued its earnings results on Tuesday, January 29th. The company reported $0.09 EPS for the quarter. The business had revenue of $67.37 million for the quarter, compared to analyst estimates of $68.40 million.

An institutional investor recently bought a new position in Concrete Pumping stock. Millennium Management LLC bought a new position in shares of Concrete Pumping Holdings Inc (NASDAQ:BBCP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 83,537 shares of the company’s stock, valued at approximately $688,000. Millennium Management LLC owned approximately 0.29% of Concrete Pumping at the end of the most recent quarter. 8.34% of the stock is currently owned by institutional investors.

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Concrete Pumping Company Profile ( NASDAQ:BBCP )

Concrete Pumping Holdings, Inc provides concrete pumping and concrete waste management services. The company offers concrete pumping services under the Brundage-Bone brand and concrete waste management services under the Eco-Pan brand in the United States; and concrete pumping services under the Camfaud brand in the United Kingdom.

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