Clearwater Seafoods (TSE:CLR) had its price objective reduced by BMO Capital Markets from C$6.00 to C$5.75 in a research report sent to investors on Friday, BayStreet.CA reports.
Shares of Clearwater Seafoods stock opened at C$5.30 on Friday. The company has a debt-to-equity ratio of 299.05, a quick ratio of 1.06 and a current ratio of 2.33. The company’s 50-day simple moving average is C$5.24. Clearwater Seafoods has a twelve month low of C$4.53 and a twelve month high of C$6.40. The firm has a market cap of $350.25 million and a price-to-earnings ratio of -8.98.
Clearwater Seafoods (TSE:CLR) last issued its earnings results on Tuesday, May 14th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$120.08 million for the quarter, compared to analyst estimates of C$128.80 million. Sell-side analysts predict that Clearwater Seafoods will post 0.24 earnings per share for the current year.
Clearwater Seafoods Company Profile
Clearwater Seafoods Incorporated, through its investment in Clearwater Seafoods Limited Partnership, harvests, processes, markets, and distributes seafood worldwide. Its seafood products include shellfish, scallops, lobsters, clams, coldwater shrimps, crabs, ground fish, langoustines, and whelks. The company was formerly known as Clearwater Seafoods Income Fund and changed its name to Clearwater Seafoods Incorporated in October 2011.
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