Strongco (SQP) Stock Price Down 4.1%
Strongco Corp (TSE:SQP) shares dropped 4.1% on Tuesday . The stock traded as low as C$2.29 and last traded at C$2.35. Approximately 1,843 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 12,278 shares. The stock had previously closed at C$2.45.
The firm has a market cap of $30.41, a PE ratio of -4.20 and a beta of 0.43.
Strongco (TSE:SQP) last released its quarterly earnings results on Wednesday, November 1st. The company reported C$0.02 EPS for the quarter. Strongco had a return on equity of 3.51% and a net margin of 0.29%.
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Strongco Corporation is a multiline mobile equipment distributor in Canada. The Company operates through Equipment Distribution segment, which sells and rents new and used equipment and provides after-sale product support (parts and service) to customers who operate in infrastructure, construction, mining, oil and gas exploration, forestry and industrial markets.
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