Stella-Jones Inc. (TSE:SJ - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$70.72 and traded as high as C$77.44. Stella-Jones shares last traded at C$77.19, with a volume of 68,757 shares trading hands.
Analysts Set New Price Targets
SJ has been the topic of several research reports. Royal Bank Of Canada upped their price objective on Stella-Jones from C$75.00 to C$76.00 and gave the company a "sector perform" rating in a research note on Thursday, May 8th. TD Securities upped their target price on Stella-Jones from C$88.00 to C$90.00 and gave the company a "buy" rating in a report on Friday, May 9th. Desjardins lowered their target price on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating for the company in a report on Thursday, May 8th. CIBC lowered their target price on Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Finally, Scotiabank lowered their target price on Stella-Jones from C$85.00 to C$79.00 in a report on Monday, March 3rd. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$86.17.
Check Out Our Latest Report on Stella-Jones
Stella-Jones Trading Up 0.8%
The business has a 50 day simple moving average of C$73.39 and a 200-day simple moving average of C$70.72. The company has a debt-to-equity ratio of 87.53, a quick ratio of 1.20 and a current ratio of 6.85. The stock has a market capitalization of C$4.32 billion, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64.
Insider Buying and Selling at Stella-Jones
In other Stella-Jones news, Director James Augustus Manzi sold 1,000 shares of the stock in a transaction on 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 corporate 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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