Horizon North Logistics Inc. (TSE:HNL) traded down 3.5% on Friday . The stock traded as low as C$1.36 and last traded at C$1.36. 125,476 shares changed hands during trading, a decline of 3% from the average session volume of 129,292 shares. The stock had previously closed at C$1.41.

Several equities research analysts recently weighed in on the stock. Beacon Securities reaffirmed a “buy” rating on shares of Horizon North Logistics in a research report on Wednesday, September 13th. Raymond James Financial, Inc. upped their price objective on shares of Horizon North Logistics from C$1.75 to C$2.00 in a research report on Thursday, August 17th.

The stock’s market capitalization is $201.06 million. The firm has a 50 day moving average of $1.28 and a 200-day moving average of $1.46.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be paid a $0.02 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.08 annualized dividend and a yield of 5.76%.

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About Horizon North Logistics

Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.

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