Stuart Olson (TSE:SOX) Hits New 1-Year Low at $3.42

Stuart Olson Inc (TSE:SOX) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$3.42 and last traded at C$3.44, with a volume of 39135 shares trading hands. The stock had previously closed at C$3.55.

Several brokerages recently commented on SOX. National Bank Financial dropped their target price on Stuart Olson from C$6.00 to C$4.50 and set a “sector perform” rating on the stock in a report on Thursday, March 7th. Raymond James reiterated a “market perform” rating and set a C$5.00 target price on shares of Stuart Olson in a report on Friday, May 10th. TD Securities dropped their target price on Stuart Olson from C$6.00 to C$4.75 and set a “hold” rating on the stock in a report on Thursday, March 7th. CIBC dropped their target price on Stuart Olson from C$5.50 to C$5.00 in a report on Tuesday, May 14th. Finally, Canaccord Genuity downgraded Stuart Olson from a “buy” rating to a “hold” rating and dropped their target price for the company from C$8.00 to C$4.50 in a report on Thursday, March 7th.

The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 88.44. The firm has a market capitalization of $102.72 million and a PE ratio of 85.50.

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About Stuart Olson (TSE:SOX)

Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.

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