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MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
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ACB   9.61 (+0.10%)
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BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
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AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
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Superior Plus Corp. (SPB.TO) (TSE:SPB) Senior Officer Purchases C$29,150.00 in Stock

Tuesday, February 23, 2021 | MarketBeat

Superior Plus Corp. (SPB.TO) (TSE:SPB) Senior Officer Elizabeth Summers acquired 2,200 shares of the stock in a transaction that occurred on Monday, February 22nd. The stock was purchased at an average price of C$13.25 per share, for a total transaction of C$29,150.00. Following the completion of the transaction, the insider now owns 28,403 shares in the company, valued at C$376,339.75.

SPB traded down C$0.06 during midday trading on Tuesday, hitting C$13.28. The company's stock had a trading volume of 219,104 shares, compared to its average volume of 631,578. The company has a current ratio of 1.04, a quick ratio of 0.64 and a debt-to-equity ratio of 142.83. The firm has a market cap of C$2.34 billion and a P/E ratio of 31.24. The firm has a 50-day moving average price of C$12.77 and a two-hundred day moving average price of C$12.31. Superior Plus Corp. has a 52-week low of C$5.97 and a 52-week high of C$14.00.

The firm also recently declared a monthly dividend, which will be paid on Monday, March 15th. Shareholders of record on Monday, March 15th will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 5.42%. The ex-dividend date is Thursday, February 25th. Superior Plus Corp. (SPB.TO)'s dividend payout ratio (DPR) is 168.62%.

A number of research firms recently weighed in on SPB. Atb Cap Markets lowered shares of Superior Plus Corp. (SPB.TO) from an "outperform" rating to a "sector perform" rating in a research report on Sunday. Royal Bank of Canada raised their target price on Superior Plus Corp. (SPB.TO) from C$13.00 to C$15.00 and gave the company a "sector perform" rating in a report on Friday. Raymond James reissued a "na" rating and issued a C$15.50 target price (up previously from C$13.50) on shares of Superior Plus Corp. (SPB.TO) in a report on Monday. TD Securities raised their target price on Superior Plus Corp. (SPB.TO) from C$14.50 to C$15.50 and gave the company a "buy" rating in a report on Friday. Finally, National Bank Financial downgraded Superior Plus Corp. (SPB.TO) from an "outperform" rating to a "sector perform" rating and set a C$14.00 target price for the company. in a report on Friday, November 13th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. The stock has an average rating of "Hold" and an average price target of C$14.67.

About Superior Plus Corp. (SPB.TO)

Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The company's Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products.

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7 Stocks to Watch When Student Debt Forgiveness Gets Passed

Now that the Biden administration is fully in charge, student debt forgiveness has moved to the front burner. Consider these numbers. There is an estimated $1.7 trillion in student debt. The average student carries approximately $30,000 in student loans.

If $10,000 of student debt were to be canceled, there are estimates that one-third of borrowers (between 15 million to 16.3 million) would become debt-free. Of course, if the number hits $50,000 as some lawmakers are suggesting the impact would even greater.

Putting aside personal thoughts on the wisdom of pursuing this path, it has the potential to unleash a substantial stimulus into the economy.

And as an investor, it’s fair to ask where that money would go. After all, there’s no harm in having investors profit from this stimulus as well.

A counter-argument is that the absence of one monthly payment may not provide enough money to make an impact. However, Senator Elizabeth Warren referred to the effect student loans have in preventing many in the millennial and Gen-Z generations from pursuing big picture life goals such as buying a house, starting a business, or starting a family.

With that in mind, we’ve put together this special presentation that looks at 7 stocks that are likely to benefit if borrowers are set free from the burden of student loans.

View the "7 Stocks to Watch When Student Debt Forgiveness Gets Passed".

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