Strongco (SQP) Trading Down 8.5%

Shares of Strongco Co. (TSE:SQP) were down 8.5% during trading on Friday . The company traded as low as C$2.20 and last traded at C$2.43. Approximately 42,062 shares were traded during mid-day trading, an increase of 142% from the average daily volume of 17,383 shares. The stock had previously closed at C$2.24.

The stock has a market capitalization of $33.05, a P/E ratio of -4.34 and a beta of 0.43.

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About Strongco

Strongco Corporation is a multiline mobile equipment distributor in Canada. The Company operates through Equipment Distribution segment, which sells and rents new and used equipment and provides after-sale product support (parts and service) to customers who operate in infrastructure, construction, mining, oil and gas exploration, forestry and industrial markets.

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