Superior Plus Corp. (TSE:SPB – Get Rating)’s share price reached a new 52-week low on Friday . The stock traded as low as C$10.72 and last traded at C$10.91, with a volume of 118844 shares changing hands. The stock had previously closed at C$11.02.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. CIBC decreased their target price on shares of Superior Plus from C$13.50 to C$13.25 in a research report on Thursday, July 21st. Scotiabank decreased their target price on shares of Superior Plus from C$13.00 to C$12.50 in a research report on Thursday, August 11th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$13.98.
Superior Plus Price Performance
The company has a current ratio of 1.14, a quick ratio of 0.66 and a debt-to-equity ratio of 116.45. The firm has a market cap of C$2.16 billion and a price-to-earnings ratio of 357.33. The company’s 50-day moving average is C$11.23 and its 200-day moving average is C$11.53.
Superior Plus Announces Dividend
Insider Activity at Superior Plus
In related news, insider Marquard & Bahls AG acquired 7,900 shares of the company’s stock in a transaction that occurred on Wednesday, June 22nd. The stock was acquired at an average price of C$11.15 per share, with a total value of C$88,066.83. Following the purchase, the insider now directly owns 36,679,664 shares in the company, valued at C$408,893,890.37.
Superior Plus Company Profile
Superior Plus Corp. engages in the energy distribution business. It operates through two segments, U.S. Propane Distribution and Canadian Propane Distribution. The U.S. Propane Distribution segment distributes and sells propane, heating oil, and other liquid fuels in the Northeast, Atlantic, the Southeast, the Midwest, and California.
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