Suncor Energy Inc. (TSE:SU) Senior Officer Jacqueline Sue Moore Sells 25,585 Shares

Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU Senior Officer Jacqueline Sue Moore sold 25,585 shares of the company's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of C$55.99, for a total value of C$1,432,478.57.

Suncor Energy Stock Performance

SU stock traded down C$0.37 during trading on Wednesday, hitting C$55.62. 530,072 shares of the company's stock traded hands, compared to its average volume of 8,676,790. Suncor Energy Inc. has a 52 week low of C$43.59 and a 52 week high of C$58.58. The stock has a fifty day moving average price of C$49.51 and a two-hundred day moving average price of C$52.26. The company has a quick ratio of 0.83, a current ratio of 1.59 and a debt-to-equity ratio of 33.35. The stock has a market capitalization of C$69.76 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.15 and a beta of 1.47.

Suncor Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $2.28 dividend on an annualized basis and a yield of 4.10%. Suncor Energy's dividend payout ratio is currently 34.42%.

Analyst Ratings Changes

A number of analysts have recently commented on SU shares. TD Securities cut their target price on Suncor Energy from C$63.00 to C$62.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Scotiabank raised Suncor Energy to a "hold" rating in a report on Wednesday, March 19th. Raymond James Financial boosted their target price on shares of Suncor Energy from C$54.00 to C$56.00 and gave the company a "market perform" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. lowered their price target on shares of Suncor Energy from C$63.00 to C$62.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, Desjardins decreased their price objective on Suncor Energy from C$63.00 to C$62.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$62.58.

Suncor Energy Company Profile

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen.

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