ZCL Composites Inc. (ZCL) Director Darcy Morris Sells 3,000 Shares
ZCL Composites Inc. (TSE:ZCL) Director Darcy Morris sold 3,000 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of C$13.17, for a total transaction of C$39,510.00.
Darcy Morris also recently made the following trade(s):
- On Tuesday, September 19th, Darcy Morris sold 500 shares of ZCL Composites stock. The stock was sold at an average price of C$13.14, for a total transaction of C$6,570.00.
- On Wednesday, September 20th, Darcy Morris sold 700 shares of ZCL Composites stock. The stock was sold at an average price of C$13.13, for a total transaction of C$9,191.00.
- On Friday, September 15th, Darcy Morris sold 1,000 shares of ZCL Composites stock. The stock was sold at an average price of C$13.25, for a total transaction of C$13,250.00.
ZCL Composites Inc. (TSE:ZCL) traded up 0.31% during mid-day trading on Friday, hitting $13.14. 35,647 shares of the company traded hands. The company’s 50-day moving average is $12.97 and its 200-day moving average is $13.30. The stock has a market capitalization of $407.96 million and a price-to-earnings ratio of 21.58. ZCL Composites Inc. has a one year low of $10.00 and a one year high of $15.47.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Saturday, September 30th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.65%. This is an increase from ZCL Composites’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Thursday, September 28th.
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Separately, Raymond James Financial, Inc. decreased their price objective on shares of ZCL Composites from C$16.00 to C$14.50 and set an “outperform” rating for the company in a report on Tuesday, August 8th.
ZCL Composites Company Profile
ZCL Composites Inc (ZCL) is a Canada-based manufacturer and supplier of fiberglass reinforced plastic (FRP) underground storage tanks. The Company also provides custom-engineered aboveground FRP and dual-laminate composite storage tanks, piping and lining systems, and related products and accessories, where corrosion resistance is a high priority.
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