Shawcor (TSE:SCL) Stock Price Up 1% – Here’s What Happened

Shawcor Ltd. (TSE:SCLGet Free Report)’s share price shot up 1% on Monday . The stock traded as high as C$16.70 and last traded at C$16.57. 375,220 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 318,262 shares. The stock had previously closed at C$16.40.

Shawcor Stock Performance

The stock’s fifty day moving average price is C$16.57. The firm has a market capitalization of C$1.15 billion, a PE ratio of 552.33, a P/E/G ratio of 0.55 and a beta of 2.35. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 34.41.

About Shawcor

(Get Free Report)

Shawcor Ltd. operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Systems, Automotive and Industrial, and Pipeline and Pipe Services. The Composite Systems segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets.

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