Spartan Delta Corp. (TSE:SDE - Get Free Report) Senior Officer Martin Malek purchased 17,700 shares of the firm's stock in a transaction on Tuesday, April 8th. The stock was bought at an average price of C$2.83 per share, for a total transaction of C$50,091.00.
Spartan Delta Trading Up 5.8 %
Shares of TSE SDE traded up C$0.15 during mid-day trading on Friday, reaching C$2.73. The company had a trading volume of 228,925 shares, compared to its average volume of 413,557. Spartan Delta Corp. has a 52 week low of C$2.39 and a 52 week high of C$4.36. The business's 50-day moving average is C$3.24 and its 200-day moving average is C$3.45. The stock has a market cap of C$546.75 million, a price-to-earnings ratio of 3.41 and a beta of 1.49. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 28.49.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on SDE. Desjardins raised Spartan Delta to a "moderate buy" rating in a research note on Thursday, January 30th. National Bankshares upped their target price on shares of Spartan Delta from C$5.75 to C$6.00 and gave the company an "outperform" rating in a research report on Thursday, December 19th. Scotiabank increased their price target on Spartan Delta from C$6.00 to C$7.50 in a report on Thursday, January 30th. Ventum Financial set a C$5.25 price objective on shares of Spartan Delta and gave the stock a "buy" rating in a research note on Monday, March 31st. Finally, Ventum Cap Mkts raised shares of Spartan Delta to a "strong-buy" rating in a research note on Monday, March 31st. Three investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Strong Buy" and an average price target of C$5.91.
Get Our Latest Stock Analysis on SDE
Spartan Delta Company Profile
(
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Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.
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