Stella-Jones Inc. (OTCMKTS:STLJF – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $50.10 and last traded at $50.10, with a volume of 1110 shares trading hands. The stock had previously closed at $51.61.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on STLJF. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Stella-Jones in a research note on Thursday, July 9th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Stella-Jones in a report on Friday, August 7th. Finally, Desjardins restated a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on STLJF
Stella-Jones Trading Down 0.8%
About Stella-Jones
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.
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