Freehold Royalties Ltd. (TSE:FRU - Get Free Report) Senior Officer Susan Nagy acquired 2,350 shares of the company's stock in a transaction that occurred on Friday, June 27th. The stock was purchased at an average cost of C$12.84 per share, for a total transaction of C$30,174.00.
Freehold Royalties Price Performance
Shares of Freehold Royalties stock remained flat at C$12.86 during midday trading on Friday. The stock had a trading volume of 542,664 shares, compared to its average volume of 740,899. Freehold Royalties Ltd. has a 1-year low of C$10.53 and a 1-year high of C$14.62. The company has a debt-to-equity ratio of 22.91, a current ratio of 1.65 and a quick ratio of 1.50. The stock has a market cap of C$1.93 billion, a price-to-earnings ratio of 14.58, a P/E/G ratio of -0.92 and a beta of 1.93. The company's fifty day simple moving average is C$12.27 and its 200-day simple moving average is C$12.48.
Freehold Royalties Dividend Announcement
The company also recently announced a jun 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.09 dividend. Freehold Royalties's payout ratio is currently 122.40%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on FRU shares. CIBC lowered their price target on Freehold Royalties from C$16.00 to C$15.00 in a report on Thursday, April 10th. Scotiabank upgraded shares of Freehold Royalties to a "hold" rating in a research report on Wednesday, March 19th. Raymond James Financial reduced their price target on shares of Freehold Royalties from C$16.00 to C$14.00 in a research note on Wednesday, April 9th. Finally, Desjardins lowered their price objective on shares of Freehold Royalties from C$14.25 to C$14.00 and set a "hold" rating on the stock in a research note on Thursday, May 22nd. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of C$15.67.
Read Our Latest Research Report on FRU
About Freehold Royalties
(
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Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota.
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