Cooper Tire & Rubber Company (NYSE:CTB)
CAPS Rating:
The Company is a manufacturer of replacement tires. It focuses on the manufacture and sale of passenger and light truck replacement tires. It also manufactures radial medium and bias light truck tires and materials and equipment.
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3 Star rating w/ P/E Ratio of 18.50 following a significant drop in market. Price near 52 wk low w/ a range of 7.05-25.27. Currently losing to the SPY by about 40% with a sharp down turn. Trying to rate at a low point for long term returns. Re-evaluate stock when price reaches $15.00. Expect some inital losses untill market turns around.