RediShred Capital (CVE:KUT) Shares Up 0.2% – Still a Buy?

RediShred Capital Corp. (CVE:KUT) shares traded up 0.2% during trading on Monday . The company traded as high as C$4.96 and last traded at C$4.96. 990 shares changed hands during trading, a decline of 98% from the average session volume of 40,833 shares. The stock had previously closed at C$4.95.

Analyst Upgrades and Downgrades

Separately, Ventum Financial lowered their price objective on RediShred Capital from C$7.00 to C$5.00 in a research note on Monday, November 25th.

RediShred Capital Stock Performance

The company has a market cap of C$91.31 million, a P/E ratio of 129.73 and a beta of 1.34. The company has a 50 day moving average price of C$4.92 and a 200-day moving average price of C$4.26. The company has a quick ratio of 1.33, a current ratio of 0.42 and a debt-to-equity ratio of 77.90.

About RediShred Capital

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.