TerraVest Industries (TSE:TVK) Reaches New 1-Year High – What’s Next?

TerraVest Industries Inc. (TSE:TVK)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$122.13 and last traded at C$121.32, with a volume of 3516 shares. The stock had previously closed at C$120.49.

Analyst Upgrades and Downgrades

Separately, National Bankshares increased their price target on shares of TerraVest Industries from C$89.00 to C$104.00 in a report on Thursday, August 15th.

TerraVest Industries Stock Up 0.2 %

The firm has a market cap of C$2.40 billion, a PE ratio of 35.63 and a beta of 0.66. The company has a debt-to-equity ratio of 71.72, a quick ratio of 0.91 and a current ratio of 2.32. The company’s 50-day simple moving average is C$103.35 and its two-hundred day simple moving average is C$87.75.

Insider Buying and Selling at TerraVest Industries

In other news, insider Charles Pellerin sold 1,600 shares of the firm’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$100.26, for a total value of C$160,416.00. Also, Director Dustin Haw sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Insiders sold 113,700 shares of company stock valued at $11,556,134 in the last quarter. Company insiders own 29.81% of the company’s stock.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.