Clearwater Seafoods (CLR) Stock Price Down 3.5%

Clearwater Seafoods Inc (TSE:CLR)’s share price traded down 3.5% on Wednesday . The company traded as low as C$5.49 and last traded at C$5.55. 175,772 shares changed hands during mid-day trading, an increase of 95% from the average session volume of 90,095 shares. The stock had previously closed at C$5.75.

A number of equities analysts have weighed in on the stock. BMO Capital Markets dropped their price target on shares of Clearwater Seafoods from C$11.00 to C$8.00 in a research report on Monday, November 13th. Scotiabank dropped their target price on shares of Clearwater Seafoods from C$12.50 to C$11.50 and set an “outperform” rating for the company in a research report on Friday, November 10th.

The company has a market capitalization of $354.20, a PE ratio of 9.89 and a beta of 0.44.

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About Clearwater Seafoods

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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