Stella-Jones Inc. (OTCMKTS:STLJF) Short Interest Update

Stella-Jones Inc. (OTCMKTS:STLJF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 183,827 shares, an increase of 107.3% from the May 31st total of 88,674 shares. Based on an average daily volume of 7,149 shares, the short-interest ratio is presently 25.7 days. Approximately 0.3% of the company’s stock are short sold.

Stella-Jones Stock Performance

OTCMKTS:STLJF remained flat at $56.33 on Tuesday. 14,264 shares of the company’s stock were exchanged, compared to its average volume of 6,291. The stock’s 50-day moving average price is $57.12 and its 200-day moving average price is $63.12. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.07 billion and a PE ratio of 38.32. Stella-Jones has a one year low of $51.60 and a one year high of $72.46.

Stella-Jones (OTCMKTS:STLJF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Stella-Jones had a net margin of 8.66% and a return on equity of 14.92%. The business had revenue of $568.67 million during the quarter, compared to analysts’ expectations of $583.30 million.

Analyst Ratings Changes

Separately, Desjardins restated a “buy” rating on shares of Stella-Jones in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Stella-Jones currently has an average rating of “Buy”.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.