Superior Plus Corp. (TSE:SPB - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$6.48 and traded as high as C$7.73. Superior Plus shares last traded at C$7.59, with a volume of 1,024,511 shares traded.
Analysts Set New Price Targets
Several research analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of Superior Plus from C$8.00 to C$9.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. National Bankshares raised 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 research report on Thursday, April 3rd. CIBC boosted their price target on shares of Superior Plus from C$9.00 to C$9.50 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Raymond James upgraded Superior Plus from a "hold" rating to a "moderate buy" rating in a research note on Friday, February 28th. Finally, Scotiabank upgraded Superior Plus from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from C$7.50 to C$9.50 in a research note on Monday, April 7th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$9.85.
Check Out Our Latest Analysis on Superior Plus
Superior Plus Stock Up 0.9%
The stock has a market cap of C$1.28 billion, a PE ratio of 27.91 and a beta of 0.76. The firm has a fifty day moving average of C$6.74 and a 200 day moving average of C$6.48. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35.
About Superior Plus
(
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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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