Superior Plus Corp. (OTCMKTS:SUUIF) Receives Consensus Recommendation of “Hold” from Brokerages

Superior Plus Corp. (OTCMKTS:SUUIF) has earned a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation.

Several research analysts have recently issued reports on SUUIF shares. Raymond James Financial downgraded shares of Superior Plus from an “outperform” rating to a “market perform” rating in a research note on Monday. Canadian Imperial Bank of Commerce cut Superior Plus from an “outperform” rating to a “neutral” rating in a research report on Friday. Desjardins cut shares of Superior Plus to a “hold” rating in a research note on Monday. Scotiabank cut shares of Superior Plus to a “sector perform” rating in a report on Monday. Finally, TD Securities cut shares of Superior Plus from a “buy” rating to a “hold” rating in a report on Monday.

Superior Plus Price Performance

SUUIF traded down $0.02 during midday trading on Monday, reaching $4.70. The company’s stock had a trading volume of 10,952 shares, compared to its average volume of 21,874. Superior Plus has a 1 year low of $4.14 and a 1 year high of $6.08. The stock’s 50-day moving average is $5.29 and its 200-day moving average is $5.36.

Superior Plus Company Profile

Superior Plus Partnership (OTCMKTS: SUUIF) is a Canada-based energy and chemical distribution company with operations spanning both North America and select international markets. Through its Energy Distribution segment, the company delivers propane and distillate fuels to residential, commercial, agricultural and industrial customers. Its fleet of bulk transport vehicles and network of retail locations provides reliable home heating, on-farm energy and commercial fuel solutions across Canada and the United States.

The Specialty Chemicals segment of Superior Plus produces and distributes a range of chlorine-based products, including sodium chlorate, chlor-alkali chemicals and chlorine dioxide.