Carmanah Technologies Corp Forecasted to Earn Q3 2016 Earnings of $0.03 Per Share (CMH)

Carmanah Technologies Corp (TSE:CMH) – Stock analysts at Cormark lowered their Q3 2016 earnings estimates for shares of Carmanah Technologies Corp in a report issued on Friday. Cormark analyst M. D. Whale now anticipates that the brokerage will post earnings of $0.03 per share for the quarter, down from their previous forecast of $0.08. Cormark also issued estimates for Carmanah Technologies Corp’s Q1 2017 earnings at $0.04 EPS, Q2 2017 earnings at $0.07 EPS, Q3 2017 earnings at $0.04 EPS and Q4 2017 earnings at $0.05 EPS.

Earnings History and Estimates for Carmanah Technologies Corp (TSE:CMH)

Shares of Carmanah Technologies Corp (TSE:CMH) opened at 3.97 on Monday. Carmanah Technologies Corp has a 1-year low of $3.34 and a 1-year high of $7.10. The company has a market cap of $98.70 million and a price-to-earnings ratio of 31.51. The stock has a 50 day moving average of $4.59 and a 200 day moving average of $4.46.

Carmanah Technologies Corp Company Profile

Carmanah Technologies Corp is engaged in the business of developing and distributing renewable technologies, including solar-power light emitting diode (LED) lighting, and solar powered systems and equipment. The Company’s segments are Signals, Illumination and Power. The Signals segment offers products for traffic, marine, airfield ground lighting, aviation/obstruction and offshore verticals.

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