Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

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.

NYSE:CR - Post by User

Crane Co

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Post by Luckyelevenon Jun 19, 2020 12:47pm

238 Views

Post# 31170004

Leading the way to the downside....

again this morning, besides BNP which is basically bankruptt nothing trading any worse than CR. I had a feeling it was too early to buy back after selling and should have listened to my gut. They need to do another asset sale and bring that debt down imo. Can't wait for NG pricing to improve as there is no guarantees they will rebound from here. With oil now above 40 they will start some drilling again and there will be associated NG production with that oil. We are now entering the summertime doldrums so hope it holds here.

Bullboard Posts

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