Street Capital Group Inc (TSE:SCB) – Equities researchers at Cormark increased their Q2 2018 earnings per share (EPS) estimates for shares of Street Capital Group in a research note issued to investors on Wednesday. Cormark analyst J. Fenwick now anticipates that the financial services provider will earn $0.06 per share for the quarter, up from their prior forecast of $0.05.
A number of other equities analysts have also recently commented on the company. Raymond James Financial, Inc. reduced their price target on Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating for the company in a report on Thursday, May 11th. National Bank Financial cut Street Capital Group from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Thursday, April 27th.
Shares of Street Capital Group (TSE SCB) traded up 6.25% on Friday, reaching $1.19. The company’s stock had a trading volume of 7,600 shares. Street Capital Group has a 52-week low of $1.08 and a 52-week high of $2.44. The company has a market cap of $145.15 million and a P/E ratio of 31.32. The company has a 50 day moving average price of $1.23 and a 200 day moving average price of $1.42.
In other news, Director Ronald Anthony Marsha Lalonde acquired 22,300 shares of Street Capital Group stock in a transaction dated Monday, May 15th. The stock was bought at an average price of C$1.30 per share, for a total transaction of C$28,990.00.
Street Capital Group Company Profile
Street Capital Group Inc, a financial services company, through its subsidiaries, primarily engages in the mortgage lending business in Canada. It provides a broad lineup of high ratio and conventional mortgages to borrowers, as well as sells the mortgages. The company offers residential mortgage loans primarily through its network of independent mortgage brokers.
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