Cardinal Energy Ltd. (TSE:CJ - Get Free Report) Director M. Scott Ratushny sold 2,500 shares of the company's stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of C$6.73, for a total value of C$16,825.00.
M. Scott Ratushny also recently made the following trade(s):
- On Friday, December 20th, M. Scott Ratushny purchased 10,000 shares of Cardinal Energy stock. The shares were acquired at an average price of C$6.12 per share, for a total transaction of C$61,160.00.
Cardinal Energy Price Performance
CJ stock traded up C$0.09 during midday trading on Friday, reaching C$6.75. 1,130,402 shares of the company's stock traded hands, compared to its average volume of 1,048,032. The company has a 50-day simple moving average of C$6.43 and a two-hundred day simple moving average of C$6.60. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 9.04. Cardinal Energy Ltd. has a 1-year low of C$5.98 and a 1-year high of C$7.38. The company has a market cap of C$1.07 billion, a price-to-earnings ratio of 9.25, a PEG ratio of -0.26 and a beta of 2.81.
Cardinal Energy Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 10.67%. The ex-dividend date was Friday, November 29th. Cardinal Energy's dividend payout ratio (DPR) is presently 98.63%.
Analyst Ratings Changes
A number of research firms have recently commented on CJ. BMO Capital Markets dropped their price target on shares of Cardinal Energy from C$7.50 to C$7.00 in a research report on Friday, October 4th. CIBC dropped their target price on shares of Cardinal Energy from C$8.75 to C$8.00 in a report on Friday, November 8th. Finally, Royal Bank of Canada decreased their price target on shares of Cardinal Energy from C$8.00 to C$7.00 in a report on Tuesday, September 17th.
View Our Latest Research Report on Cardinal Energy
About Cardinal Energy
(
Get Free Report)
Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
See Also
Before you consider Cardinal Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cardinal Energy wasn't on the list.
While Cardinal Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
