Stobart Group (STOB) Hits New 52-Week Low at $106.80
Stobart Group Ltd (LON:STOB) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 106.80 ($1.40) and last traded at GBX 107 ($1.40), with a volume of 963551 shares traded. The stock had previously closed at GBX 113 ($1.48).
Several equities research analysts have issued reports on the company. Canaccord Genuity reissued a “buy” rating and set a GBX 350 ($4.57) target price on shares of Stobart Group in a research note on Wednesday, March 13th. HSBC assumed coverage on Stobart Group in a research note on Tuesday, February 12th. They set a “reduce” rating and a GBX 138 ($1.80) target price for the company.
The company has a debt-to-equity ratio of 29.96, a current ratio of 1.38 and a quick ratio of 0.99. The company has a market capitalization of $398.98 million and a PE ratio of -12.59.
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Stobart Group Limited is engaged in infrastructure and support service businesses operating in the biomass energy, aviation and railway maintenance sectors, as well as has investments in a national property and logistics portfolio. Its segments are Energy, Aviation, Rail, Infrastructure and Investments.
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