Richelieu Hardware Ltd. (TSE:RCH) Director Marc Poulin Purchases 1,400 Shares

Richelieu Hardware Ltd. (TSE:RCHGet Rating) Director Marc Poulin purchased 1,400 shares of the company’s stock in a transaction dated Thursday, May 5th. The stock was purchased at an average price of C$34.98 per share, for a total transaction of C$48,972.00. Following the transaction, the director now directly owns 9,400 shares in the company, valued at approximately C$328,812.

Marc Poulin also recently made the following trade(s):

  • On Thursday, April 21st, Marc Poulin purchased 100 shares of Richelieu Hardware stock. The stock was purchased at an average price of C$37.33 per share, for a total transaction of C$3,733.00.

Richelieu Hardware stock opened at C$35.01 on Friday. The company has a quick ratio of 1.27, a current ratio of 3.25 and a debt-to-equity ratio of 14.87. Richelieu Hardware Ltd. has a 12-month low of C$34.75 and a 12-month high of C$51.52. The firm’s fifty day moving average is C$42.84 and its 200 day moving average is C$44.29. The company has a market capitalization of C$1.96 billion and a PE ratio of 13.95.

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 5th. Shareholders of record on Thursday, May 5th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, April 20th. This represents a $0.52 dividend on an annualized basis and a yield of 1.49%. Richelieu Hardware’s dividend payout ratio (DPR) is presently 10.76%.

A number of research analysts recently issued reports on the stock. National Bankshares boosted their target price on shares of Richelieu Hardware from C$53.50 to C$54.50 and gave the company an “outperform” rating in a research report on Friday, April 8th. CIBC dropped their target price on shares of Richelieu Hardware from C$55.00 to C$47.00 and set a “neutral” rating on the stock in a research report on Monday, April 11th. Finally, TD Securities dropped their target price on shares of Richelieu Hardware from C$52.00 to C$48.00 and set a “hold” rating on the stock in a research report on Friday, April 8th.

Richelieu Hardware Company Profile (Get Rating)

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. The company's principal product categories include furniture, glass and building decorative and functional hardware, lighting systems, finishing and decorating products, ergonomic workstation components, kitchen and closet storage solutions, sliding door systems, decorative and functional panels, high-pressure laminates, and floor protection products.

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