Charles Pellerin Sells 500,000 Shares of TerraVest Industries Inc. (TSE:TVK) Stock

TerraVest Industries Inc. (TSE:TVK) insider Charles Pellerin sold 500,000 shares of the business’s stock in a transaction dated Monday, April 12th. The stock was sold at an average price of C$16.78, for a total transaction of C$8,390,000.00. Following the transaction, the insider now owns 1,400,000 shares in the company, valued at approximately C$23,492,000.

Charles Pellerin also recently made the following trade(s):

  • On Wednesday, January 20th, Charles Pellerin purchased 800 shares of TerraVest Industries stock. The shares were acquired at an average cost of C$15.50 per share, with a total value of C$12,400.00.
  • On Thursday, January 14th, Charles Pellerin purchased 7,100 shares of TerraVest Industries stock. The stock was purchased at an average price of C$15.48 per share, for a total transaction of C$109,900.90.

TerraVest Industries stock opened at C$17.54 on Thursday. TerraVest Industries Inc. has a 1 year low of C$13.32 and a 1 year high of C$18.39. The company’s 50-day moving average is C$17.31 and its two-hundred day moving average is C$16.03. The company has a current ratio of 2.94, a quick ratio of 1.36 and a debt-to-equity ratio of 100.93. The company has a market cap of C$324.07 million and a PE ratio of 10.26.

TerraVest Industries (TSE:TVK) last issued its earnings results on Thursday, February 11th. The company reported C$0.64 EPS for the quarter. The business had revenue of C$82.34 million for the quarter. Research analysts forecast that TerraVest Industries Inc. will post 0.7795354 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 12th. Investors of record on Wednesday, March 31st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend was Tuesday, March 30th. TerraVest Industries’s dividend payout ratio is currently 23.39%.

TerraVest Industries Company Profile

TerraVest Industries Inc, together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates through three segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment manufactures bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, LPG storage tanks, residential and commercial LPG tanks and dispensers, custom pressure vessels, commercial and residential refined fuel tanks, and furnaces and boilers.

Further Reading: Systematic Risk and Investors

Insider Buying and Selling by Quarter for TerraVest Industries (TSE:TVK)

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