Richelieu Hardware Ltd. (TSE:RCH – Get Free Report) Senior Officer Antoine Auclair sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of C$40.25, for a total transaction of C$161,009.20.
Antoine Auclair also recently made the following trade(s):
- On Thursday, July 18th, Antoine Auclair sold 2,100 shares of Richelieu Hardware stock. The shares were sold at an average price of C$39.71, for a total transaction of C$83,393.94.
Richelieu Hardware Trading Down 1.4 %
Shares of RCH stock traded down C$0.55 during trading hours on Wednesday, hitting C$39.80. 10,686 shares of the company were exchanged, compared to its average volume of 50,912. The company has a 50 day simple moving average of C$39.51 and a two-hundred day simple moving average of C$41.48. Richelieu Hardware Ltd. has a fifty-two week low of C$37.39 and a fifty-two week high of C$48.27. The company has a debt-to-equity ratio of 27.08, a quick ratio of 0.72 and a current ratio of 3.66. The firm has a market cap of C$2.23 billion, a P/E ratio of 21.81, a P/E/G ratio of 0.77 and a beta of 0.97.
Richelieu Hardware Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Shareholders of record on Thursday, August 8th will be issued a $0.15 dividend. The ex-dividend date is Thursday, July 25th. This represents a $0.60 dividend on an annualized basis and a yield of 1.51%. Richelieu Hardware’s dividend payout ratio (DPR) is 32.43%.
Analysts Set New Price Targets
Several analysts have recently weighed in on RCH shares. National Bankshares set a C$45.50 target price on shares of Richelieu Hardware and gave the company a “sector perform” rating in a research report on Tuesday, June 18th. CIBC dropped their price target on shares of Richelieu Hardware from C$45.00 to C$44.00 and set a “neutral” rating on the stock in a research report on Monday, July 15th.
Read Our Latest Analysis on RCH
Richelieu Hardware Company Profile
Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company's principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.
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