CECO
CECO Environmental Corp. Industrials - Pollution & Treatment Controls Investor Relations →
CECO Environmental Corp. (CECO) closed at $72.37 as of 2026-02-02, trading 206.6% above its 200-week moving average of $23.61. The stock moved further from the line this week, up from 189.8% last week. With a 14-week RSI of 79, CECO is in overbought territory.
Over the past 2309 weeks of data, CECO has crossed below its 200-week moving average 31 times. On average, these episodes lasted 37 weeks. Historically, investors who bought CECO at the start of these episodes saw an average one-year return of +12.3%.
With a market cap of $2.6 billion, CECO is a mid-cap stock. The company generates a free cash flow yield of 0.3%. Return on equity stands at 19.0%, a solid level. The stock trades at 8.3x book value.
Over the past 33.2 years, a hypothetical investment of $100 in CECO would have grown to $3250, compared to $2849 for the S&P 500. That represents an annualized return of 11.1% vs 10.6% for the index — confirming CECO as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: CECO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CECO Crosses Below the Line?
Across 25 historical episodes, buying CECO when it crossed below its 200-week moving average produced an average return of +3.0% after 12 months (median -5.0%), compared to +10.8% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +29.9% vs +22.9% for the index.
Each line shows $100 invested at the moment CECO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CECO has crossed below its 200-week MA 31 times with an average 1-year return of +12.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1981 | Nov 1981 | 1 | 26.5% | +55.6% | +4341.2% |
| Mar 1982 | Oct 1982 | 33 | 21.2% | +16.7% | +3230.9% |
| May 1984 | May 1984 | 1 | 4.3% | +100.0% | +2398.2% |
| Jul 1984 | Oct 1984 | 10 | 16.7% | +50.0% | +2398.2% |
| Oct 1984 | Jan 1985 | 12 | 28.5% | +130.8% | +2974.7% |
| Feb 1987 | Apr 1991 | 220 | 88.5% | -61.4% | +1111.2% |
| Nov 1991 | Dec 1991 | 6 | 7.7% | +53.8% | +3999.6% |
| May 1994 | May 1994 | 3 | 18.0% | +26.1% | +2796.5% |
| Jun 1994 | Apr 1995 | 45 | 40.2% | +54.3% | +2796.5% |
| Dec 1995 | Jan 1996 | 6 | 14.6% | -37.0% | +2367.3% |
| Feb 1996 | May 1997 | 65 | 46.7% | -20.0% | +2564.7% |
| Dec 1997 | Jan 1998 | 4 | 3.7% | N/A | +2675.8% |
| Feb 1998 | Mar 1998 | 1 | 2.6% | -5.2% | +2647.2% |
| Apr 1998 | Mar 1999 | 49 | 51.7% | +24.4% | +2860.8% |
| Jul 1999 | Aug 1999 | 7 | 15.3% | -18.8% | +2675.8% |
| Sep 1999 | Oct 2001 | 109 | 51.3% | -27.7% | +2734.8% |
| Jun 2002 | Sep 2004 | 116 | 34.6% | -15.8% | +3369.7% |
| May 2005 | May 2005 | 2 | 5.7% | +245.2% | +3520.6% |
| Mar 2008 | Mar 2008 | 2 | 10.5% | -65.3% | +1055.0% |
| May 2008 | May 2011 | 156 | 76.8% | -49.3% | +1011.8% |
| Mar 2015 | Apr 2015 | 3 | 6.6% | -38.6% | +660.7% |
| Jun 2015 | Nov 2016 | 76 | 47.3% | -20.6% | +620.1% |
| Feb 2017 | May 2019 | 116 | 57.2% | -59.0% | +561.8% |
| Aug 2019 | Aug 2020 | 52 | 51.7% | +5.7% | +839.9% |
| Sep 2020 | Oct 2020 | 2 | 7.4% | -2.7% | +913.6% |
| Oct 2020 | Nov 2020 | 4 | 20.6% | -2.8% | +922.2% |
| Dec 2020 | Jan 2021 | 5 | 6.7% | -15.8% | +903.7% |
| Jan 2021 | Feb 2021 | 2 | 4.6% | -9.2% | +944.3% |
| Jul 2021 | Aug 2021 | 5 | 4.4% | -10.8% | +941.3% |
| Sep 2021 | Sep 2021 | 3 | 4.6% | +42.4% | +951.9% |
| Oct 2021 | Jul 2022 | 40 | 40.5% | +37.5% | +923.6% |
| Average | 37 | — | +12.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02