Shawcor Ltd (TSE:SCL) Director Pamela Sue Pierce bought 2,000 shares of the firm’s stock in a transaction on Friday, March 16th. The shares were bought at an average price of C$18.68 per share, for a total transaction of C$37,360.00.

Shawcor stock traded down C$0.76 during trading on Thursday, hitting C$24.26. 43,911 shares of the company traded hands, compared to its average volume of 95,963. Shawcor Ltd has a 1-year low of C$23.80 and a 1-year high of C$39.95. The stock has a market cap of $1,720.00, a price-to-earnings ratio of 23.61 and a beta of 0.64.

How to Become a New Pot Stock Millionaire

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Friday, March 16th will be given a $0.15 dividend. The ex-dividend date is Thursday, March 15th. This represents a $0.60 annualized dividend and a dividend yield of 2.47%. Shawcor’s dividend payout ratio is presently 58.25%.

SCL has been the topic of several recent research reports. BMO Capital Markets decreased their price objective on shares of Shawcor from C$34.00 to C$32.00 in a research report on Monday, March 5th. TD Securities decreased their price objective on shares of Shawcor from C$36.00 to C$33.00 and set a “buy” rating on the stock in a research report on Monday, March 5th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$35.33.

TRADEMARK VIOLATION WARNING: “Pamela Sue Pierce Purchases 2,000 Shares of Shawcor Ltd (SCL) Stock” was first reported by Watch List News and is owned by of Watch List News. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.watchlistnews.com/pamela-sue-pierce-purchases-2000-shares-of-shawcor-ltd-scl-stock/1957893.html.

About Shawcor

Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.

Insider Buying and Selling by Quarter for Shawcor (TSE:SCL)

Receive News & Ratings for Shawcor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shawcor and related companies with MarketBeat.com's FREE daily email newsletter.