Insider Buying: ZCL Composites Inc. (ZCL) Director Buys 2,500 Shares of Stock

ZCL Composites Inc. (TSE:ZCL) Director Ralph Barclay Young bought 2,500 shares of the business’s stock in a transaction dated Friday, June 8th. The stock was acquired at an average cost of C$8.75 per share, for a total transaction of C$21,875.00.

Ralph Barclay Young also recently made the following trade(s):

  • On Monday, May 28th, Ralph Barclay Young bought 2,500 shares of ZCL Composites stock. The stock was acquired at an average cost of C$9.97 per share, for a total transaction of C$24,925.00.

Shares of ZCL Composites stock traded down C$0.06 during trading on Thursday, reaching C$8.90. The company’s stock had a trading volume of 76,948 shares, compared to its average volume of 55,134. ZCL Composites Inc. has a fifty-two week low of C$8.67 and a fifty-two week high of C$13.80.

ZCL Composites (TSE:ZCL) last announced its earnings results on Thursday, May 3rd. The company reported C$0.02 EPS for the quarter. The business had revenue of C$31.88 million for the quarter. ZCL Composites had a net margin of 10.22% and a return on equity of 19.24%.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 16th. Shareholders of record on Saturday, June 30th will be paid a $0.135 dividend. This is a boost from ZCL Composites’s previous quarterly dividend of $0.12. This represents a $0.54 annualized dividend and a yield of 6.07%. The ex-dividend date of this dividend is Friday, June 29th.

Separately, Raymond James cut shares of ZCL Composites from an “outperform” rating to a “market perform” rating and set a C$13.50 target price on the stock. in a report on Monday, May 7th.

ZCL Composites Company Profile

ZCL Composites Inc designs, manufactures, and supplies fiberglass reinforced plastic (FRP) underground storage tanks in Canada, the United States, and internationally. The company also manufactures and distributes liquid storage systems, including fiberglass storage tanks and related products and accessories; and produces and sells in-situ fiberglass tank and tank lining systems, and three dimensional glass fabric materials.

Insider Buying and Selling by Quarter for ZCL Composites (TSE:ZCL)

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