The stock of Canam Group Inc. (TSE:CAM) is a huge mover today! About 47,154 shares traded hands. Canam Group Inc. (TSE:CAM) has declined 29.52% since March 11, 2016 and is downtrending. It has underperformed by 35.00% the S&P500.
The move comes after 8 months negative chart setup for the $445.12M company. It was reported on Oct, 18 by Barchart.com. We have $8.27 PT which if reached, will make TSE:CAM worth $57.87M less.
Canam Group Inc. (TSE:CAM) Ratings Coverage
Out of 2 analysts covering Canam Group Inc. (TSE:CAM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $19 is the highest target while $15 is the lowest. The $15.50 average target is 63.16% above today’s ($9.5) stock price. Canam Group Inc. has been the topic of 7 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, July 15 by Laurentian.
More news for Canam Group Inc. (TSE:CAM) were recently published by: Reuters.com, which released: “BRIEF-Canam Group Inc says it has reorganized its structural steel activit…” on August 26, 2016. Bloomberg.com‘s article titled: “Canam Drops Most in Almost Two Years on Unexpected Project Cost” and published on July 14, 2016 is yet another important article.
Canam Group Inc. is engaged in designing integrated solutions and fabricating products for the North American construction industry. The company has a market cap of $445.12 million. The Firm operates through the construction products segment, which includes many complementary goods and services. It has a 31.77 P/E ratio. The Company’s service offer extends from the preconstruction phase to project management, including the erection of structural steel components.
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