Stella-Jones Inc. (TSE:SJ - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$70.57 and traded as high as C$75.90. Stella-Jones shares last traded at C$75.08, with a volume of 55,335 shares traded.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. TD Securities lifted their price target on Stella-Jones from C$88.00 to C$90.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Desjardins dropped their price objective on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Scotiabank dropped their price objective on Stella-Jones from C$85.00 to C$79.00 in a report on Monday, March 3rd. CIBC dropped their price objective on Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Finally, Royal Bank Of Canada upped their price objective on Stella-Jones from C$75.00 to C$76.00 and gave the stock a "sector perform" rating in a report on Thursday, May 8th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Stella-Jones presently has an average rating of "Buy" and a consensus price target of C$86.17.
Read Our Latest Report on SJ
Stella-Jones Price Performance
The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The company has a 50-day moving average price of C$72.72 and a 200-day moving average price of C$70.63. The firm has a market capitalization of C$4.21 billion, a PE ratio of 13.14, a P/E/G ratio of 2.40 and a beta of 0.64.
Insider Buying and Selling
In related news, Director James Augustus Manzi sold 1,000 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of C$65.79, for a total transaction of C$65,788.60. 0.14% of the stock is currently owned by company insiders.
Stella-Jones Company Profile
(
Get Free Report)
Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.
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