ABC Technologies (TSE:ABCT) Trading 0.8% Higher

ABC Technologies Holdings Inc. (TSE:ABCT – Get Rating) traded up 0.8% during mid-day trading on Friday . The company traded as high as C$6.10 and last traded at C$6.10. 3,600 shares were traded during mid-day trading, an increase of 23% from the average session volume of 2,917 shares. The stock had previously closed at C$6.05.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. BMO Capital Markets upped their price objective on shares of ABC Technologies from C$6.00 to C$6.50 in a research report on Tuesday, February 14th. TD Securities lowered their price objective on ABC Technologies from C$8.50 to C$7.00 and set a “hold” rating for the company in a research note on Wednesday, January 18th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$5.93.

ABC Technologies Stock Up 0.8 %

The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 179.14. The company has a 50-day moving average of C$5.81 and a two-hundred day moving average of C$5.32. The company has a market capitalization of C$705.53 million and a P/E ratio of -11.09.

ABC Technologies Company Profile

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ABC Technologies Holdings Inc engages in manufacturing, designing, engineering, material compounding, machine tooling, and equipment building of plastics and light weighting products for the automotive industry in Canada, the United States, Mexico, and internationally. It provides interior systems, including floor consoles, cargo management systems, interior trims, seat backs, load floor/deck boards, knee/sides, and door panels; exterior systems, such as spoilers, running boards, bumper systems, body side moldings, rocker panels, cladding, cargo management systems, bed extenders, and roof ditch moldings; and HVAC distribution systems comprising defrosters, I/P and floor products, auxiliary products, battery cooling products, brake cooling ducts, air guides, aspirators, and module components.