Stella-Jones (OTCMKTS:STLJF) Shares Gap Up – Here’s Why

Stella-Jones Inc. (OTCMKTS:STLJFGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $55.89, but opened at $58.00. Stella-Jones shares last traded at $58.00, with a volume of 100 shares changing hands.

Wall Street Analyst Weigh In

Separately, Desjardins reiterated a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Read Our Latest Stock Report on Stella-Jones

Stella-Jones Stock Up 3.8%

The company has a quick ratio of 1.34, a current ratio of 7.40 and a debt-to-equity ratio of 0.64. The stock’s 50-day simple moving average is $59.39 and its 200 day simple moving average is $63.43. The firm has a market cap of $3.16 billion and a P/E ratio of 39.46.

Stella-Jones (OTCMKTS:STLJFGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.02). Stella-Jones had a net margin of 8.66% and a return on equity of 15.08%. The business had revenue of $568.67 million for the quarter, compared to the consensus estimate of $583.31 million.

Stella-Jones Company Profile

(Get Free Report)

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.

Recommended Stories

Receive News & Ratings for Stella-Jones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stella-Jones and related companies with MarketBeat.com's FREE daily email newsletter.