CECO Environmental traded at $49.08 this Friday October 23rd, decreasing $2.43 or 4.72 percent since the previous trading session. Looking back, over the last four weeks, CECO Environmental lost 32.64 percent. Over the last 12 months, its price fell by 5.90 percent. Looking ahead, we forecast CECO Environmental to be priced at 55.52 by the end of this quarter and at 52.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
CECO Environmental Corp. is a provider of air quality and fluid handling solutions, which is focused on serving the energy, industrial, and other niche markets around the world. The Company operates through two segments: Engineered Systems segment and Industrial Process Solutions segment. Its Engineered Systems segment serves the power generation, refinery, water/waste water, and midstream oil and gas markets. This segment offers environmental and equipment protection through its engineered emissions management, product recovery, thermal acoustics, and water and gas separation solutions. Its Industrial Process Solutions segment serves the industrial air pollution control, beverage can, fluid handling, electric vehicle production, food and beverage, semi-conductor, process filtration, and other markets. This segment offers particulate filtration, chemical and thermal abatement, industrial ventilation, and pumps and filtration equipment for mission-critical applications.