Stella-Jones (OTCMKTS:STLJF) Sets New 1-Year High – Here’s Why

Stella-Jones Inc. (OTCMKTS:STLJF)’s share price reached a new 52-week high on Thursday . The stock traded as high as $72.40 and last traded at $72.40, with a volume of 401 shares changing hands. The stock had previously closed at $69.35.

Wall Street Analyst Weigh In

Separately, Scotiabank raised Stella-Jones from a “sector perform” rating to an “outperform” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Stella-Jones Trading Up 1.0%

The business has a fifty day simple moving average of $64.42 and a 200 day simple moving average of $60.01.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.