Shares of Horizon North Logistics Inc. (TSE:HNL) rose 5.2% on Wednesday . The stock traded as high as C$1.41 and last traded at C$1.41. Approximately 172,935 shares changed hands during trading, an increase of 34% from the average daily volume of 129,292 shares. The stock had previously closed at C$1.34.
HNL has been the subject of several recent research reports. Raymond James Financial, Inc. boosted their target price on shares of Horizon North Logistics from C$1.75 to C$2.00 in a research note on Thursday, August 17th. Beacon Securities reiterated a “buy” rating on shares of Horizon North Logistics in a research note on Wednesday, September 13th.
The firm’s market capitalization is $205.40 million. The firm’s 50 day moving average is $1.28 and its 200-day moving average is $1.46.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Saturday, September 30th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 5.63%.
WARNING: “Horizon North Logistics Inc. (HNL) Stock Price Up 5.2%” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://ledgergazette.com/2017/09/20/horizon-north-logistics-inc-hnl-stock-price-up-5-2.html.
Horizon North Logistics Company Profile
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.
Receive News & Ratings for Horizon North Logistics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon North Logistics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.