TerraVest Industries Inc. (TSE:TVK - Get Free Report) Director Pierre Fournier sold 2,000 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of C$165.75, for a total value of C$331,504.00.
Pierre Fournier also recently made the following trade(s):
- On Friday, June 20th, Pierre Fournier sold 2,000 shares of TerraVest Industries stock. The shares were sold at an average price of C$169.93, for a total value of C$339,860.00.
TerraVest Industries Price Performance
Shares of TVK stock traded up C$0.99 during trading on Monday, hitting C$167.74. The company had a trading volume of 36,260 shares, compared to its average volume of 90,256. The stock has a market capitalization of C$3.29 billion, a price-to-earnings ratio of 49.49 and a beta of 0.66. The company has a quick ratio of 0.91, a current ratio of 2.44 and a debt-to-equity ratio of 82.38. TerraVest Industries Inc. has a 52 week low of C$73.00 and a 52 week high of C$176.64. The stock's 50-day moving average is C$167.36 and its two-hundred day moving average is C$145.38.
TerraVest Industries Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Thursday, July 10th were given a dividend of $0.175 per share. The ex-dividend date was Monday, June 30th. This represents a $0.70 annualized dividend and a yield of 0.42%. TerraVest Industries's payout ratio is 17.70%.
Analyst Upgrades and Downgrades
TVK has been the topic of several research analyst reports. Canaccord Genuity Group upped their target price on TerraVest Industries from C$170.00 to C$200.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. National Bankshares raised TerraVest Industries from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from C$134.00 to C$190.00 in a research report on Friday, May 2nd. Desjardins raised TerraVest Industries to a "moderate buy" rating and boosted their target price for the company from C$172.00 to C$175.00 in a research report on Thursday, May 22nd. BMO Capital Markets raised TerraVest Industries to a "hold" rating in a research report on Tuesday, May 27th. Finally, Scotiabank boosted their target price on TerraVest Industries from C$171.00 to C$176.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$185.25.
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About TerraVest Industries
(
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TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments are Fuel Containment, Processing Equipment, and Service.
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