Natasha Anne Cherednichenko Purchases 4,800 Shares of Superior Plus Corp. (TSE:SPB) Stock

Superior Plus Corp. (TSE:SPB) Senior Officer Natasha Anne Cherednichenko bought 4,800 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of C$6.13 per share, with a total value of C$29,445.12.

Superior Plus Stock Performance

SPB stock opened at C$6.01 on Thursday. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67. The stock has a market cap of C$1.01 billion, a P/E ratio of 22.10 and a beta of 0.76. The firm has a 50 day simple moving average of C$6.22 and a 200 day simple moving average of C$6.92. Superior Plus Corp. has a 52 week low of C$5.15 and a 52 week high of C$10.36.

Analyst Upgrades and Downgrades

Several research analysts have commented on SPB shares. CIBC raised their target price on shares of Superior Plus from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. Cibc World Mkts upgraded shares of Superior Plus to a “strong-buy” rating in a report on Friday, November 8th. Scotiabank decreased their target price on shares of Superior Plus from C$12.00 to C$9.00 in a report on Monday, November 11th. Finally, TD Securities raised their target price on shares of Superior Plus from C$7.50 to C$9.00 in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$9.95.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.