Shares of Superior Plus Corp. (TSE:SPB - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.92 and traded as high as C$8.22. Superior Plus shares last traded at C$8.21, with a volume of 708,390 shares changing hands.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. CIBC increased their price objective 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. ATB Capital increased their price objective on shares of Superior Plus from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Raymond James Financial reduced their price objective on shares of Superior Plus from C$11.50 to C$10.50 and set an "outperform" rating for the company in a research note on Thursday, May 22nd. National Bankshares increased their price objective on shares of Superior Plus from C$6.50 to C$7.50 and gave the stock a "sector perform" rating in a research note on Thursday, April 3rd. Finally, BMO Capital Markets increased their price objective on shares of Superior Plus from C$9.00 to C$10.00 in a research note on Thursday, May 22nd. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$9.95.
Check Out Our Latest Research Report on SPB
Superior Plus Trading Down 0.8%
The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. The stock's 50-day moving average is C$7.91 and its two-hundred day moving average is C$6.96. The stock has a market cap of C$1.25 billion, a P/E ratio of 27.28 and a beta of 0.76.
Superior Plus Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were paid a $0.045 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.43%. Superior Plus's payout ratio is currently 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.
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