Stella-Jones (OTCMKTS:STLJF) Shares Down 6.7% – Time to Sell?

Shares of Stella-Jones Inc. (OTCMKTS:STLJF) fell 6.7% during mid-day trading on Friday . The company traded as low as $64.21 and last traded at $64.21. 7,577 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 8,254 shares. The stock had previously closed at $68.81.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of Stella-Jones from a “sector perform” rating to an “outperform” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Stella-Jones Trading Down 6.7%

The stock has a fifty day moving average price of $68.51 and a two-hundred day moving average price of $62.56.

Stella-Jones (OTCMKTS:STLJF) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09). The company had revenue of $529.37 million during the quarter, compared to analyst estimates of $554.50 million.

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.