Superior Plus Corp. (SPB) Director Patrick Edward Gottschalk Purchases 30,000 Shares of Stock
Superior Plus Corp. (TSE:SPB) Director Patrick Edward Gottschalk acquired 30,000 shares of Superior Plus Corp. stock in a transaction on Friday, September 29th. The shares were bought at an average price of C$10.19 per share, for a total transaction of C$305,700.00.
Superior Plus Corp. (TSE SPB) traded up 1.53% on Friday, reaching $12.64. 1,162,188 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $11.54 and a 200 day moving average of $12.02. Superior Plus Corp. has a 12 month low of $10.80 and a 12 month high of $13.34. The stock has a market capitalization of $1.80 billion and a PE ratio of 7.39.
The business also recently announced a monthly dividend, which will be paid on Friday, October 13th. Investors of record on Saturday, September 30th will be given a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, September 28th.
SPB has been the topic of a number of research analyst reports. Canaccord Genuity upgraded shares of Superior Plus Corp. from a “hold” rating to a “buy” rating and set a C$13.00 price objective on the stock in a research note on Thursday. TD Securities reduced their price objective on shares of Superior Plus Corp. from C$14.00 to C$13.00 and set a “hold” rating on the stock in a research note on Thursday, August 10th. BMO Capital Markets reiterated a “market perform” rating and set a C$13.00 price objective on shares of Superior Plus Corp. in a research note on Thursday. Finally, Scotiabank reiterated a “sector perform” rating and set a C$13.75 price objective on shares of Superior Plus Corp. in a research note on Thursday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$13.66.
About Superior Plus Corp.
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through two segment: Energy Distribution and Specialty Chemicals. The Company’s Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and the United States refined fuels division.
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