Superior Plus Corp. (TSE:SPB - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$6.65 and last traded at C$6.65, with a volume of 63998 shares changing hands. The stock had previously closed at C$6.77.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. Royal Bank of Canada dropped their price objective on shares of Superior Plus from C$13.00 to C$11.00 in a research note on Thursday, August 15th. ATB Capital reduced their price objective on Superior Plus from C$13.00 to C$12.00 in a research report on Thursday, August 15th. Stifel Nicolaus dropped their price objective on Superior Plus from C$12.50 to C$12.00 and set a "buy" rating for the company in a research report on Friday, August 16th. BMO Capital Markets reduced their target price on shares of Superior Plus from C$10.00 to C$9.00 in a report on Tuesday, October 22nd. Finally, Scotiabank lowered their price target on shares of Superior Plus from C$12.00 to C$9.00 in a report on Monday, August 19th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of C$10.18.
Get Our Latest Stock Report on SPB
Superior Plus Trading Down 2.7 %
The firm has a market capitalization of C$1.64 billion, a price-to-earnings ratio of -133.60 and a beta of 0.76. The business's 50-day moving average price is C$7.57 and its 200 day moving average price is C$8.48. The company has a debt-to-equity ratio of 133.90, a current ratio of 0.75 and a quick ratio of 0.46.
Superior Plus (TSE:SPB - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C($0.27) earnings per share for the quarter, missing analysts' consensus estimates of C($0.19) by C($0.08). Superior Plus had a negative net margin of 0.10% and a positive return on equity of 1.17%. The firm had revenue of C$578.62 million during the quarter, compared to analysts' expectations of C$710.53 million.
Superior Plus Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, September 27th. This represents a $0.72 annualized dividend and a yield of 10.93%. Superior Plus's dividend payout ratio is presently -1,440.00%.
Superior Plus Company Profile
(
Get Free Report)
Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.
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