Shawcor Ltd (SCL) Insider Sells C$25,128.00 in Stock

Shawcor Ltd (TSE:SCL) insider Paul Anthony Pierroz sold 900 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$27.92, for a total value of C$25,128.00.

Paul Anthony Pierroz also recently made the following trade(s):

  • On Thursday, November 30th, Paul Anthony Pierroz purchased 19 shares of Shawcor stock. The shares were bought at an average price of C$27.50 per share, for a total transaction of C$522.50.

Shawcor Ltd (TSE SCL) traded up C$0.11 during trading hours on Monday, hitting C$27.92. The stock had a trading volume of 78,815 shares, compared to its average volume of 129,293. Shawcor Ltd has a twelve month low of C$24.20 and a twelve month high of C$39.95.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.60 annualized dividend and a dividend yield of 2.15%. Shawcor’s dividend payout ratio is currently 51.72%.

Several brokerages have weighed in on SCL. Scotiabank upgraded Shawcor from an “underperform” rating to a “sector perform” rating and set a C$32.00 price target on the stock in a report on Tuesday, November 14th. National Bank Financial upped their price target on Shawcor from C$35.00 to C$36.00 in a report on Monday, November 13th. TD Securities set a C$33.00 price target on Shawcor and gave the stock a “buy” rating in a report on Saturday, September 23rd. Finally, BMO Capital Markets cut their price target on Shawcor from C$42.00 to C$36.00 in a report on Monday, August 14th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Shawcor currently has a consensus rating of “Buy” and a consensus price target of C$36.00.

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Shawcor Company Profile

Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.

Insider Buying and Selling by Quarter for Shawcor (TSE:SCL)

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