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

Stella-Jones Inc. (OTCMKTS:STLJF)’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 research reports. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Stella-Jones in a report on Thursday, July 9th. Desjardins reaffirmed a “buy” rating on shares of Stella-Jones in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada reiterated 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, Stella-Jones currently has an average rating of “Moderate Buy”.

Stella-Jones Stock Performance

The firm has a market cap of $2.82 billion and a PE ratio of 35.11. The business has a 50 day simple moving average of $55.66 and a two-hundred day simple moving average of $60.79. The company has a quick ratio of 1.11, a current ratio of 4.96 and a debt-to-equity ratio of 0.60.

Stella-Jones Company Profile

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.