Stella-Jones (OTCMKTS:STLJF) Shares Gap Down – What’s Next?

Shares of Stella-Jones Inc. (OTCMKTS:STLJF) gapped down prior to trading on Friday . The stock had previously closed at $52.84, but opened at $51.61. Stella-Jones shares last traded at $51.61, with a volume of 125 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on STLJF. Desjardins reiterated a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Stella-Jones in a research note on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Stella-Jones in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Stella-Jones presently has an average rating of “Moderate Buy”.

Stella-Jones Price Performance

The stock has a market capitalization of $2.82 billion and a P/E ratio of 35.11. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.11 and a current ratio of 4.96. The firm has a 50-day moving average price of $55.53 and a 200 day moving average price of $60.73.

About Stella-Jones

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.