Superior Plus Corp. (TSE:SPB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.77 and traded as high as C$8.08. Superior Plus shares last traded at C$8.06, with a volume of 624,746 shares changing hands.
Analyst Ratings Changes
A number of brokerages recently commented on SPB. TD Securities increased their price target on shares of Superior Plus from C$9.00 to C$9.50 and gave the company a "buy" rating in a report on Thursday, April 3rd. ATB Capital increased their price target on shares of Superior Plus from C$10.00 to C$11.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. National Bankshares increased their price target on shares of Superior Plus from C$6.50 to C$7.50 and gave the company a "sector perform" rating in a report on Thursday, April 3rd. Raymond James Financial lowered their price target on shares of Superior Plus from C$11.50 to C$10.50 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Finally, Scotiabank raised shares of Superior Plus from a "sector perform" rating to an "outperform" rating and increased their price target for the company from C$7.50 to C$9.50 in a report on Monday, April 7th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$10.05.
Get Our Latest Analysis on SPB
Superior Plus Stock Up 0.1%
The company has a 50-day simple moving average of C$7.58 and a 200-day simple moving average of C$6.79. The firm has a market cap of C$1.34 billion, a PE ratio of 29.30 and a beta of 0.76. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46.
Superior Plus Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th will be issued a $0.045 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.26%. Superior Plus's payout ratio is 264.73%.
Superior Plus Company Profile
(
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Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.
Further Reading
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