Stella-Jones Inc. (OTCMKTS:STLJF) Short Interest Update

Stella-Jones Inc. (OTCMKTS:STLJF) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 183,827 shares, an increase of 107.3% from the May 31st total of 88,674 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 7,149 shares, the short-interest ratio is presently 25.7 days.

Stella-Jones Stock Performance

Stella-Jones stock remained flat at $56.33 during mid-day trading on Tuesday. 14,264 shares of the company’s stock were exchanged, compared to its average volume of 6,291. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60. Stella-Jones has a 1 year low of $51.60 and a 1 year high of $72.46. The firm’s fifty day moving average is $57.12 and its 200 day moving average is $63.12. The company has a market capitalization of $3.07 billion and a price-to-earnings ratio of 38.32.

Stella-Jones (OTCMKTS:STLJF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Stella-Jones had a return on equity of 14.92% and a net margin of 8.66%.The business had revenue of $568.67 million during the quarter, compared to the consensus estimate of $583.30 million.

Wall Street Analysts Forecast Growth

Separately, Desjardins restated a “buy” rating on shares of Stella-Jones in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.