Chesswood Group Limited (TSE:CHW – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$3.40 and last traded at C$3.47, with a volume of 15300 shares trading hands. The stock had previously closed at C$3.61.
Analysts Set New Price Targets
Separately, Raymond James upgraded Chesswood Group from an “underperform” rating to a “market perform” rating and boosted their target price for the company from C$5.00 to C$7.00 in a research note on Monday, May 13th.
Check Out Our Latest Research Report on CHW
Chesswood Group Price Performance
Chesswood Group (TSE:CHW – Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.20). The firm had revenue of C$68.80 million during the quarter, compared to analysts’ expectations of C$71.90 million. Chesswood Group had a negative return on equity of 15.79% and a negative net margin of 38.49%. Research analysts expect that Chesswood Group Limited will post 1.1459969 EPS for the current fiscal year.
Chesswood Group Company Profile
Chesswood Group Limited operates primarily in the specialty finance industry in North America. The company offers micro and small-ticket commercial equipment financing and origination to small and medium-sized businesses through the third-party broker and equipment vendor channels; and commercial equipment financing and loans to small and medium-sized businesses.
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