TerraVest Industries (TSE:TVK – Get Free Report) had its target price increased by investment analysts at National Bankshares from C$104.00 to C$128.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 12.75% from the company’s current price.
TerraVest Industries Stock Performance
TVK traded down C$4.72 during trading on Tuesday, hitting C$113.53. The company’s stock had a trading volume of 41,201 shares, compared to its average volume of 32,384. The company has a quick ratio of 0.91, a current ratio of 2.32 and a debt-to-equity ratio of 71.72. TerraVest Industries has a one year low of C$35.02 and a one year high of C$125.72. The firm has a market cap of C$2.21 billion, a PE ratio of 32.79 and a beta of 0.66. The business’s 50 day simple moving average is C$105.06 and its 200-day simple moving average is C$88.99.
Insiders Place Their Bets
In related news, insider Charles Pellerin sold 69,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of C$102.56, for a total transaction of C$7,076,640.00. Also, Director Dustin Haw sold 20,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Insiders sold 113,700 shares of company stock valued at $11,556,134 in the last three months. Corporate insiders own 29.81% of the company’s stock.
About TerraVest Industries
TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.
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