Insider Selling: FirstService Co. (TSE:FSV) Director Sells 3,000 Shares of Stock

FirstService Co. (TSE:FSV - Get Free Report) NASDAQ: FSV Director Erin Joy Wallace sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of C$241.51, for a total value of C$724,519.02.

FirstService Stock Performance

FirstService stock traded down C$7.93 during midday trading on Wednesday, reaching C$235.39. 87,459 shares of the stock traded hands, compared to its average volume of 89,552. FirstService Co. has a fifty-two week low of C$204.57 and a fifty-two week high of C$278.19. The company has a current ratio of 1.81, a quick ratio of 1.25 and a debt-to-equity ratio of 136.54. The firm has a market cap of C$7.46 billion, a price-to-earnings ratio of 68.87, a PEG ratio of 107.75 and a beta of 0.96. The firm has a fifty day moving average price of C$241.16 and a two-hundred day moving average price of C$248.24.

Wall Street Analyst Weigh In

Separately, TD Securities cut their target price on FirstService from C$199.00 to C$197.00 and set a "hold" rating on the stock in a research note on Wednesday, March 26th.

FirstService Company Profile

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company's revenue.