Spartan Delta Corp. (TSE:SDE - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$4.67 and last traded at C$4.57, with a volume of 65260 shares traded. The stock had previously closed at C$4.61.
Analysts Set New Price Targets
A number of brokerages recently commented on SDE. CIBC reduced their price objective on Spartan Delta from C$7.00 to C$5.00 in a research report on Thursday, April 10th. Ventum Cap Mkts upgraded shares of Spartan Delta to a "strong-buy" rating in a report on Monday, March 31st. Finally, Ventum Financial set a C$5.25 price objective on shares of Spartan Delta and gave the company a "buy" rating in a report on Monday, March 31st. Two equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Strong Buy" and an average price target of C$5.63.
Check Out Our Latest Research Report on SDE
Spartan Delta Stock Performance
The firm has a market capitalization of C$965.33 million, a price-to-earnings ratio of 6.02 and a beta of 1.49. The company has a 50-day moving average price of C$3.70 and a 200-day moving average price of C$3.43. The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 28.49.
Spartan Delta Company Profile
(
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Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.
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