Senior (OTC:SNIRF) Sets New 52-Week High - Here's Why

Key Points

• Senior plc's stock achieved a new 52-week high at C$2.74, reflecting a significant increase from its previous close of C$2.43.
• Deutsche Bank reaffirmed a "buy" rating for Senior shares, contributing to an average rating of "Moderate Buy" among analysts.
• The company's financial health is indicated by its current ratio of 1.56 and a low debt-to-equity ratio of 0.36.

Senior plc (OTC:SNIRF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.74 and last traded at C$2.74, with a volume of 3750 shares. The stock had previously closed at C$2.43.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Senior in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Senior Stock Up 12.8%

The company has a current ratio of 1.56, a quick ratio of 0.70 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of C$2.38 and a 200 day moving average of C$2.18.

About Senior

Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally. It operates in two segments, Aerospace and Flexonics.

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