Nutrien Ltd. (TSE:NTR - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$82.66 and last traded at C$81.62, with a volume of 169494 shares trading hands. The stock had previously closed at C$81.88.
Analyst Upgrades and Downgrades
Several research firms recently commented on NTR. Scotiabank lowered Nutrien from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th. BNP Paribas upgraded Nutrien to a "strong-buy" rating in a research report on Wednesday, April 9th. Finally, The Goldman Sachs Group raised Nutrien to a "strong sell" rating in a research note on Thursday, March 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".
Read Our Latest Research Report on Nutrien
Nutrien Stock Performance
The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. The stock has a market capitalization of C$28.23 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company has a fifty day moving average of C$75.22 and a two-hundred day moving average of C$72.10.
Nutrien Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 2.66%. Nutrien's dividend payout ratio (DPR) is currently 137.48%.
Insider Transactions at Nutrien
In other Nutrien news, Senior Officer Mark Thompson bought 1,350 shares of the company's stock in a transaction on Monday, March 3rd. The stock was bought at an average price of C$71.89 per share, for a total transaction of C$97,051.50. Also, Director Julie Lagacy bought 2,000 shares of Nutrien stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of C$73.28 per share, with a total value of C$146,563.20. Over the last ninety days, insiders have acquired 4,470 shares of company stock worth $325,246. Company insiders own 0.03% of the company's stock.
Nutrien Company Profile
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Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
See Also
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