Stella-Jones (OTCMKTS:STLJF) Reaches New 1-Year High – Still a Buy?

Stella-Jones Inc. (OTCMKTS:STLJF)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $72.40 and last traded at $72.40, with a volume of 401 shares traded. The stock had previously closed at $69.35.

Wall Street Analysts Forecast Growth

Separately, Scotiabank upgraded shares of Stella-Jones from a “sector perform” rating to an “outperform” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Stella-Jones Price Performance

The company’s fifty day simple moving average is $64.88 and its 200 day simple moving average is $60.19.

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.