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

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

Superior Plus Price Performance

Shares of SPB opened at C$6.04 on Wednesday. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of 22.21 and a beta of 0.76. Superior Plus Corp. has a 1-year low of C$5.15 and a 1-year high of C$10.36. The company’s fifty day simple moving average is C$6.24 and its 200 day simple moving average is C$6.92. The company has a current ratio of 0.67, a quick ratio of 0.46 and a debt-to-equity ratio of 193.35.

Analyst Ratings Changes

SPB has been the topic of a number of recent research reports. CIBC lifted their price objective on shares of Superior Plus from C$8.50 to C$9.00 and gave the company an “outperform” rating in a report on Thursday, January 9th. BMO Capital Markets lowered their price objective on shares of Superior Plus from C$10.00 to C$9.00 in a report on Tuesday, October 22nd. Cibc World Mkts upgraded shares of Superior Plus to a “strong-buy” rating in a report on Friday, November 8th. TD Securities lifted their price objective on shares of Superior Plus from C$7.50 to C$9.00 in a report on Thursday, December 5th. Finally, Scotiabank lowered their price objective on shares of Superior Plus from C$12.00 to C$9.00 in a report on Monday, November 11th. 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.