Shawcor (TSE:SCL) Shares Up 1% – Time to Buy?

Shawcor Ltd. (TSE:SCLGet Free Report) shot up 1% on Monday . The stock traded as high as C$16.70 and last traded at C$16.57. 375,218 shares were traded during mid-day trading, an increase of 18% from the average session volume of 318,262 shares. The stock had previously closed at C$16.40.

Shawcor Stock Performance

The stock has a market capitalization of C$1.15 billion, a P/E ratio of 552.33, a price-to-earnings-growth ratio of 0.55 and a beta of 2.35. The company has a debt-to-equity ratio of 34.41, a current ratio of 1.29 and a quick ratio of 1.00. The stock’s 50-day moving average price is C$16.57.

Shawcor Company Profile

(Get Free Report)

Shawcor Ltd. operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Systems, Automotive and Industrial, and Pipeline and Pipe Services. The Composite Systems segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets.

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