Aecon Group Inc. (TSE:ARE - Get Free Report) Director Leslie Compton Kass bought 6,325 shares of the firm's stock in a transaction dated Tuesday, June 10th. The shares were acquired at an average price of C$19.44 per share, with a total value of C$122,953.83.
Aecon Group Trading Down 1.0%
Shares of TSE ARE traded down C$0.19 during trading on Friday, hitting C$19.28. 342,900 shares of the company traded hands, compared to its average volume of 438,197. Aecon Group Inc. has a 1 year low of C$13.03 and a 1 year high of C$29.70. The firm has a market capitalization of C$1.22 billion, a P/E ratio of -18.97, a P/E/G ratio of 18.18 and a beta of 1.13. The company has a quick ratio of 1.27, a current ratio of 1.19 and a debt-to-equity ratio of 32.84. The company has a 50-day moving average price of C$17.94 and a 200-day moving average price of C$21.63.
Aecon Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Friday, March 21st. Aecon Group's payout ratio is -74.76%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the stock. National Bankshares upgraded shares of Aecon Group from a "sector perform" rating to an "outperform" rating in a research note on Monday, March 10th. National Bank Financial raised shares of Aecon Group from a "hold" rating to a "strong-buy" rating in a report on Sunday, March 9th. Desjardins dropped their price target on shares of Aecon Group from C$32.00 to C$29.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. Royal Bank of Canada decreased their target price on Aecon Group from C$18.00 to C$17.00 in a research report on Friday, April 25th. Finally, BMO Capital Markets dropped their price objective on shares of Aecon Group from C$20.00 to C$19.00 in a research note on Friday, April 25th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$22.90.
Read Our Latest Stock Report on ARE
Aecon Group Company Profile
(
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Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.
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