Stuart Olson (TSE:SOX) had its price target lowered by Canaccord Genuity from C$3.25 to C$1.60 in a report released on Friday, BayStreet.CA reports.
A number of other analysts have also weighed in on the stock. TD Securities reduced their price objective on shares of Stuart Olson from C$4.75 to C$3.75 and set a hold rating on the stock in a research report on Monday, August 12th. CIBC dropped their target price on shares of Stuart Olson from C$5.00 to C$4.00 in a research note on Tuesday, July 16th. Raymond James restated an underperform rating and issued a C$2.00 target price on shares of Stuart Olson in a research note on Thursday. Finally, National Bank Financial dropped their target price on shares of Stuart Olson from C$3.50 to C$3.00 and set an underperform rating on the stock in a research note on Friday, August 9th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of C$2.10.
Stuart Olson stock traded down C$0.11 during midday trading on Friday, reaching C$1.48. The stock had a trading volume of 159,372 shares, compared to its average volume of 51,791. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 95.57. Stuart Olson has a 52-week low of C$1.38 and a 52-week high of C$5.84. The firm has a market cap of $75.01 million and a price-to-earnings ratio of -18.27. The company has a fifty day moving average of C$2.78 and a 200 day moving average of C$3.36.
Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.
Further Reading: How is a Moving Average Calculated?
Receive News & Ratings for Stuart Olson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stuart Olson and related companies with MarketBeat.com's FREE daily email newsletter.