Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$35.01 and traded as high as C$37.63. Richelieu Hardware shares last traded at C$37.50, with a volume of 96,345 shares trading hands.
Wall Street Analyst Weigh In
Separately, National Bankshares reduced their target price on shares of Richelieu Hardware from C$37.50 to C$37.00 and set a "sector perform" rating for the company in a research note on Thursday, June 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of C$37.50.
View Our Latest Stock Analysis on Richelieu Hardware
Richelieu Hardware Price Performance
The company's 50-day simple moving average is C$35.73 and its 200-day simple moving average is C$34.97. The company has a debt-to-equity ratio of 26.37, a current ratio of 3.46 and a quick ratio of 0.72. The stock has a market capitalization of C$2.04 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 0.77 and a beta of 0.94.
Richelieu Hardware Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, August 7th were paid a $0.1533 dividend. The ex-dividend date of this dividend was Thursday, July 24th. This represents a $0.61 annualized dividend and a dividend yield of 1.7%. Richelieu Hardware's payout ratio is currently 37.34%.
About Richelieu Hardware
(
Get Free Report)
Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada.
Featured Articles
Before you consider Richelieu Hardware, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Richelieu Hardware wasn't on the list.
While Richelieu Hardware currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.