Clearwater Seafoods Inc (TSE:CLR) Director Eduardo Santia Gonzalez-Lemmi sold 406,262 shares of Clearwater Seafoods stock in a transaction on Tuesday, June 26th. The shares were sold at an average price of C$5.04, for a total transaction of C$2,047,560.48.
Clearwater Seafoods traded up C$0.06, hitting C$5.06, during mid-day trading on Friday, according to MarketBeat.com. The company’s stock had a trading volume of 59,300 shares, compared to its average volume of 125,301. Clearwater Seafoods Inc has a twelve month low of C$3.94 and a twelve month high of C$12.03.
Clearwater Seafoods (TSE:CLR) last posted its quarterly earnings results on Tuesday, May 8th. The company reported C$0.01 earnings per share (EPS) for the quarter. Clearwater Seafoods had a net margin of 11.97% and a return on equity of 34.92%. The business had revenue of C$120.07 million during the quarter, compared to the consensus estimate of C$121.80 million.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 1st. Investors of record on Saturday, May 19th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 3.95%. The ex-dividend date was Thursday, May 17th.
CLR has been the subject of several research reports. Scotiabank reduced their price target on shares of Clearwater Seafoods from C$11.00 to C$5.50 and set an “outperform” rating for the company in a research report on Wednesday, March 7th. BMO Capital Markets reduced their price target on shares of Clearwater Seafoods from C$8.00 to C$3.75 and set a “market perform” rating for the company in a research report on Wednesday, March 7th.
About Clearwater Seafoods
Clearwater Seafoods Incorporated, through its investment in Clearwater Seafoods Limited Partnership, harvests, processes, markets, and distributes seafood worldwide. Its seafood products include scallops, lobsters, clams, coldwater shrimps, crabs, ground fish, masago, langoustines, and whelks. The company was formerly known as Clearwater Seafoods Income Fund and changed its name to Clearwater Seafoods Incorporated in October 2011.
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