Solium Capital (TSE:SUM) had its price target boosted by analysts at National Bank Financial from C$14.00 to C$19.15 in a note issued to investors on Monday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 0.26% from the company’s current price.
Several other equities analysts also recently issued reports on the company. Laurentian downgraded Solium Capital from a “buy” rating to a “tender” rating and lifted their price objective for the company from C$14.00 to C$19.15 in a research report on Monday. Canaccord Genuity increased their price target on Solium Capital from C$14.00 to C$14.50 in a research note on Wednesday, November 7th. Finally, Haywood Securities lifted their target price on shares of Solium Capital from C$15.50 to C$17.00 in a research report on Thursday, November 8th.
Shares of TSE:SUM traded up C$5.74 during trading on Monday, hitting C$19.10. 4,730,974 shares of the stock were exchanged, compared to its average volume of 227,941. Solium Capital has a 1-year low of C$9.91 and a 1-year high of C$19.15. The firm has a market capitalization of $755.87 million and a PE ratio of 389.80. The company has a current ratio of 4.18, a quick ratio of 4.09 and a debt-to-equity ratio of 7.57.
In other Solium Capital news, insider James Wulforst sold 14,400 shares of Solium Capital stock in a transaction on Monday, December 3rd. The shares were sold at an average price of C$12.21, for a total value of C$175,824.00.
Solium Capital Company Profile
Solium Capital Inc provides cloud-enabled services for administration, financial reporting, and compliance related to equity-based incentive plans in Canada, the United States, and internationally. The company offers Shareworks software platforms, such as Plan Admin that unifies various plans to get trusted data and timely reports; Shareworks Participant Experience, which provides a tool for participants to manage their equity plans; and Shareworks Forms Filing for achieving compliance with Section 16 SEC filing requirements.
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