TerraVest Industries (TSE:TVK) Stock Price Expected to Rise, National Bankshares Analyst Says

TerraVest Industries (TSE:TVK) had its price objective lifted by National Bankshares from C$104.00 to C$128.00 in a research note issued to investors on Tuesday,BayStreet.CA reports.

TerraVest Industries Stock Performance

Shares of TVK stock opened at C$114.43 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 2.32 and a debt-to-equity ratio of 71.72. The company has a 50 day moving average price of C$105.06 and a 200-day moving average price of C$88.99. TerraVest Industries has a 52 week low of C$35.02 and a 52 week high of C$125.72. The firm has a market capitalization of C$2.23 billion, a PE ratio of 32.91 and a beta of 0.66.

Insider Activity

In other TerraVest Industries news, insider Charles Pellerin sold 69,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of C$102.56, for a total transaction of C$7,076,640.00. Also, Director Dustin Haw sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Insiders have sold 113,700 shares of company stock valued at $11,556,134 in the last ninety days. 29.81% of the stock is currently owned by company insiders.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.