Superior Plus Corp. (TSE:SPB - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.72 and traded as high as C$8.32. Superior Plus shares last traded at C$8.28, with a volume of 1,405,287 shares.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on SPB. National Bankshares raised their price objective on Superior Plus from C$6.50 to C$7.50 and gave the stock a "sector perform" rating in a research report on Thursday, April 3rd. TD Securities raised their price objective on Superior Plus from C$9.00 to C$9.50 and gave the stock a "buy" rating in a research report on Thursday, April 3rd. Desjardins raised their price objective on Superior Plus from C$9.25 to C$10.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. CIBC raised their price objective on Superior Plus from C$9.00 to C$9.50 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Finally, BMO Capital Markets raised their price objective on Superior Plus from C$9.00 to C$10.00 in a research report on Thursday, May 22nd. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$10.05.
Check Out Our Latest Research Report on Superior Plus
Superior Plus Stock Down 0.6%
The business has a fifty day moving average of C$7.43 and a 200 day moving average of C$6.75. The company has a market capitalization of C$1.36 billion, a PE ratio of 29.67 and a beta of 0.76. The company has a current ratio of 0.67, a quick ratio of 0.46 and a debt-to-equity ratio of 193.35.
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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