Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co

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Comment by TheGambler888on Mar 10, 2020 12:41pm

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Post# 30788979

RE:RE:Survivor or Dead meat?

I am pretty sure the only thing that has been holding crew above ground is their condy sales.
I guess Russia and Saudi Arabia had enough of USA. Every time OPEC+ makes a production cut, USA turns around and increases production. Whatever is in place now will stay but any future oil & gas developement is off the table.
Commodity sales are tied into share price, cheaper the commodity the cheaper the share price. Even if there isn't any selling of Crew stocks the share price will still fall as commodity prices fall. Their will be lots of time to buy Crew back up if it survives. No need to get excited now over the low share price.

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