Superior Plus Corp. (TSE:SPB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.53 and traded as high as C$8.03. Superior Plus shares last traded at C$7.98, with a volume of 522,187 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on SPB shares. Raymond James cut their target price 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. Desjardins lifted their target price on shares of Superior Plus from C$9.25 to C$10.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. CIBC lifted their target price on shares of Superior Plus from C$9.00 to C$9.50 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. National Bankshares boosted 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 report on Thursday, April 3rd. Finally, ATB Capital boosted 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 report on Thursday, April 3rd. Two investment 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's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$10.05.
Read Our Latest Report on SPB
Superior Plus Stock Down 0.6%
The firm's 50-day simple moving average is C$7.01 and its 200 day simple moving average is C$6.58. The company has a market cap of C$1.31 billion, a P/E ratio of 28.61 and a beta of 0.76. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67.
About Superior Plus
(
Get Free Report)
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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