What’s Propelling Clearwater Seafoods Inc to Decline So Much?

 What's Propelling Clearwater Seafoods Inc to Decline So Much?

The stock of Clearwater Seafoods Inc (TSE:CLR) is a huge mover today! About 38,555 shares traded hands or 11.86% up from the average. Clearwater Seafoods Inc (TSE:CLR) has risen 12.69% since March 29, 2016 and is uptrending. It has outperformed by 10.17% the S&P500.
The move comes after 9 months negative chart setup for the $947.50M company. It was reported on Nov, 2 by Barchart.com. We have $13.14 PT which if reached, will make TSE:CLR worth $56.85 million less.

More notable recent Clearwater Seafoods Inc (TSE:CLR) news were published by: Seekingalpha.com which released: “Clearwater Seafoods: An Ever Growing Demand For Seafood” on October 17, 2015, also Marketwatch.com with their article: “Clearwater Seafoods Launches New Argentine Scallop Harvesting Vessel” published on May 21, 2015, Moodys.com published: “Moody’s revised Clearwater Seafood’s outlook to stable; affirms B2 CFR” on June 17, 2015. More interesting news about Clearwater Seafoods Inc (TSE:CLR) were released by: Business.Financialpost.com and their article: “Clearwater Seafoods rides the export wave of good fortune” published on February 19, 2016 as well as Seekingalpha.com‘s news article titled: “Clearwater Seafoods: 3 Different Insiders Have Purchased Shares During The …” with publication date: March 12, 2014.

Clearwater Seafoods Incorporated is a seafood company. The company has a market cap of $947.50 million. The Firm is engaged in the ownership and operation of assets and property in connection with the harvesting, processing, distribution and marketing of seafood. It has a 66.89 P/E ratio. The Company’s segment includes integrated activities for harvesting, processing and distribution of seafood products.

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