The stock is trading at $48.35 a bit higher than the 50 day moving average which is $44.82 and significantly higher than the 200 day moving average of $39.43. The 50 day moving average went up $3.53 or +7.87% and the 200 day average was up $8.92. (NASDAQ:CSWI) shares saw light trading volume with 637 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 98.37% under the normal average daily volume.
Short traders are more bullish on shares of CSW Industrials, Inc. lately looking at the fall in short interest. The firm recorded a fall in short interest of -29.75% as of September 29, 2017 from the last reporting period. Short interest decreased 64,337 over that timeframe. The short-interest ratio decreased to 4.0 and the short interest percentage is 0.01% as of September 29.
These firms have modified their investment in CSWI. As of the end of the quarter Private Capital Management, LLC had disposed of a total of 1,880 shares trimming its position 8.8%. The value in dollars went from $783,000 to $752,000 decreasing 4.0% since the last quarter. As of quarter end Ubs Group Ag had bought 4,655 shares growing its holdings by 13,300.0%. The value of the investment in (CSWI) increased from $1,000 to $181,000 a change of $180,000 quarter to quarter.
As of quarter end Janus Capital Management LLC had acquired a total of 273,439 shares growing its stake by 60.0%. The value of the investment in CSW Industrials, Inc. increased from $16,806,000 to $26,773,000 a change of 59.3% quarter over quarter. Everett Harris & Co /ca/ downsized its position by selling 455 shares a decrease of 1.6%. Everett Harris & Co /ca/ currently owns 27,694 shares valued at $1,228,000. The value of the position overall is up by 12.9%.
The company’s P/E ratio is 49.34 and market capitalization is 766.11M. In the latest earnings report the EPS was $0.98 and is projected to be $2.00 for the current year with 15,845,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.31 and the next full year EPS is projected to be $2.13.
CSW Industrials, Inc. (CSWI), launched on November 6, 2014, is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. Its products include mechanical products for heating, ventilation and air conditioning (HVAC) and refrigeration applications, coatings and sealants, and specialty lubricants. Markets that it serves include HVAC, industrial, rail, plumbing, architecturally specified building products, energy, mining and other general industrial markets..