Time to Reconsider Milacron Holdings Corporation (NYSE:MCRN) After Less Short Sellers?

February 15, 2018 - By Michael Pereira

 Time to Reconsider Milacron Holdings Corporation (NYSE:MCRN) After Less Short Sellers?

The stock of Milacron Holdings Corporation (NYSE:MCRN) registered a decrease of 14.88% in short interest. MCRN’s total short interest was 478,900 shares in February as published by FINRA. Its down 14.88% from 562,600 shares, reported previously. With 899,500 shares average volume, it will take short sellers 1 days to cover their MCRN’s short positions.

The stock increased 2.64% or $0.48 during the last trading session, reaching $18.66. About 187,194 shares traded. Milacron Holdings Corp. (NYSE:MCRN) has risen 16.99% since February 15, 2017 and is uptrending. It has outperformed by 0.29% the S&P500.

Milacron Holdings Corp. manufactures, distributes, and services engineered and customized systems within the plastic technology and processing industry in the United States and internationally. The company has market cap of $1.30 billion. The firm operates through three divisions: Advanced Plastic Processing Technologies , Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). It currently has negative earnings. The APPT segment designs, makes, and sells injection molding, blow molding, and extrusion equipment; and auxiliary systems and related parts and service.

Milacron Holdings Corp. (NYSE:MCRN) Ratings Coverage

Among 7 analysts covering Milacron Holdings Corp (NYSE:MCRN), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Milacron Holdings Corp had 14 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Tuesday, August 4 with “Neutral”. The stock of Milacron Holdings Corp. (NYSE:MCRN) earned “Outperform” rating by Robert W. Baird on Tuesday, August 4. The stock has “Overweight” rating by Barclays Capital on Monday, October 5. The firm has “Neutral” rating given on Tuesday, August 4 by Goldman Sachs. Barclays Capital initiated Milacron Holdings Corp. (NYSE:MCRN) on Tuesday, August 4 with “Overweight” rating. The firm has “Buy” rating given on Wednesday, October 4 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, August 4 by Bank of America. The company was initiated on Tuesday, August 4 by JP Morgan. KeyBanc Capital Markets initiated Milacron Holdings Corp. (NYSE:MCRN) on Tuesday, August 4 with “Overweight” rating. As per Friday, November 10, the company rating was maintained by Robert W. Baird.

More notable recent Milacron Holdings Corp. (NYSE:MCRN) news were published by: Businesswire.com which released: “Milacron to Participate in Baird’s 2017 Industrial Conference” on October 30, 2017, also Businesswire.com with their article: “Milacron Holdings Corp. To Announce Fourth Quarter 2017 Results” published on February 06, 2018, Seekingalpha.com published: “Milacron Holdings’ (MCRN) CEO Tom Goeke on Q1 2017 Results – Earnings Call …” on April 30, 2017. More interesting news about Milacron Holdings Corp. (NYSE:MCRN) were released by: Businesswire.com and their article: “Milacron Holdings Corp. To Host Investor Meeting” published on April 21, 2017 as well as Businesswire.com‘s news article titled: “Milacron Expands Co-injection Product Suite with Kortec® Connect Alongside its …” with publication date: January 25, 2018.

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