Scotiabank Trims Clearwater Seafoods Inc (CLR) Target Price to C$13.50

Clearwater Seafoods Inc (TSE:CLR) had its target price trimmed by Scotiabank from C$14.00 to C$13.50 in a report released on Friday morning. They currently have an outperform rating on the stock.

Clearwater Seafoods (TSE:CLR) opened at 10.37 on Friday. The firm has a 50 day moving average of $10.72 and a 200 day moving average of $10.86. Clearwater Seafoods has a 12-month low of $9.85 and a 12-month high of $14.55. The firm has a market capitalization of $663.00 million and a P/E ratio of 21.47.

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The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, September 1st were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend was Wednesday, August 9th.

In other Clearwater Seafoods news, Director Jane Craighead bought 4,600 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was purchased at an average cost of C$10.55 per share, with a total value of C$48,530.00. Also, insider Teresa Fortney bought 10,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were acquired at an average cost of C$10.75 per share, with a total value of C$107,500.00.

Clearwater Seafoods Company Profile

Clearwater Seafoods Incorporated is a seafood company. The Company is engaged in the ownership and operation of assets and property in connection with the harvesting, processing, distribution and marketing of seafood. The Company’s segment includes integrated operations for harvesting, processing and distribution of seafood products.

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