Stella-Jones Inc. (TSE:SJ - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on SJ shares. Royal Bank Of Canada boosted their target price on Stella-Jones from C$75.00 to C$76.00 and gave the company a "sector perform" rating in a research report on Thursday, May 8th. Scotiabank cut their target price on Stella-Jones from C$85.00 to C$79.00 in a research report on Monday, March 3rd. Desjardins cut their target price on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. TD Securities boosted their target price on Stella-Jones from C$88.00 to C$90.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Finally, CIBC cut their target price on Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$86.17.
Read Our Latest Analysis on SJ
Stella-Jones Stock Up 0.4%
The business has a 50-day moving average price of C$73.87 and a two-hundred day moving average price of C$70.77. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. The firm has a market cap of C$4.39 billion, a PE ratio of 13.71, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64.
Insider Transactions at Stella-Jones
In related news, Director James Augustus Manzi sold 1,000 shares of the business's stock in a transaction on Friday, April 4th. The shares were sold at an average price of C$65.79, for a total transaction of C$65,788.60. Corporate insiders own 0.14% of the company's stock.
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.
Further Reading
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