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.

NYSE:CR - Post by User

Crane Co > well this sucks..

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Post by Cheadle12on Aug 16, 2021 4:44pm

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Post# 33711721

well this sucks..

recall I suggested (and was chastized) for suggesting a Crew take out at $2.80. That's now roughly a 50% return from here.

Note that when things are turbulent, the highest debt/highest risk names get hit the hardest. Unfortunately, with Crew's balance sheet & debt load, that's Crew.

Not sure what the next catalyst is.. maybe an asset sale.. next quarter will be pretty blah.

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