RediShred Capital (CVE:KUT) PT Raised to C$6.00 at Cormark

RediShred Capital (CVE:KUT) had its target price hoisted by Cormark from C$5.75 to C$6.00 in a research report report published on Friday morning, BayStreet.CA reports.

RediShred Capital Stock Up 1.5 %

KUT opened at C$3.30 on Friday. The business has a 50 day moving average price of C$3.06 and a 200 day moving average price of C$2.98. RediShred Capital has a twelve month low of C$2.32 and a twelve month high of C$3.60. The company has a debt-to-equity ratio of 69.47, a quick ratio of 1.33 and a current ratio of 0.46. The firm has a market cap of C$60.39 million, a P/E ratio of 110.00 and a beta of 1.30.

About RediShred Capital

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.