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

Stella-Jones Inc. (OTCMKTS:STLJF – Get Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $52.84, but opened at $51.61. Stella-Jones shares last traded at $51.61, with a volume of 125 shares.

Analysts Set New Price Targets

STLJF has been the topic of several recent analyst reports. Desjardins reaffirmed a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Stella-Jones in a report on Thursday, July 9th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Stella-Jones in a report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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Stella-Jones Trading Down 2.3%

The company has a market capitalization of $2.82 billion and a P/E ratio of 35.11. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.11 and a current ratio of 4.96. The stock has a fifty day moving average of $55.66 and a 200 day moving average of $60.79.

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.

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