Raymond James Reaffirms “Strong-Buy” Rating for Strad Energy Services (TSE:SDY)
Raymond James reissued their strong-buy rating on shares of Strad Energy Services (TSE:SDY) in a research report released on Friday morning, BayStreet.CA reports. Raymond James currently has a C$3.00 target price on the stock. Raymond James also issued estimates for Strad Energy Services’ FY2020 earnings at $0.17 EPS.
Strad Energy Services stock opened at C$1.75 on Friday. The stock has a market cap of $96.36 million and a P/E ratio of -20.59. The company has a debt-to-equity ratio of 15.50, a current ratio of 1.33 and a quick ratio of 1.26. Strad Energy Services has a 1 year low of C$1.13 and a 1 year high of C$1.80. The firm’s 50 day moving average price is C$1.64 and its 200-day moving average price is C$1.63.
About Strad Energy Services
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