What Next for Student Transportation Inc. Stock After Today’s Huge Decline?

 What Next for Student Transportation Inc. Stock After Today's Huge Decline?

The stock of Student Transportation Inc. (TSE:STB) is a huge mover today! About 228,301 shares traded hands or 10.68% up from the average. Student Transportation Inc. (TSE:STB) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 9 months negative chart setup for the $696.61M company. It was reported on Nov, 14 by Barchart.com. We have $7.05 PT which if reached, will make TSE:STB worth $41.80M less.

Student Transportation Inc. (TSE:STB) Ratings Coverage

Out of 3 analysts covering Student Transportation Inc. (TSE:STB), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Student Transportation Inc. has been the topic of 6 analyst reports since September 16, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the stock with “Sector Perform” rating in Wednesday, September 16 report. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, September 16.

More important recent Student Transportation Inc. (TSE:STB) news were published by: Globenewswire.com which released: “Student Transportation Inc. Kicks Off 5th Annual Holiday Donation Drive” on November 01, 2016, also Globenewswire.com published article titled: “Student Transportation Inc. Resets Senior Credit Facility, “Calls” Convertible …”, Prnewswire.com published: “Synoptek Renews National Partnership with Student Transportation Inc. (STI)” on August 31, 2016. More interesting news about Student Transportation Inc. (TSE:STB) was released by: Globenewswire.com and their article: “Student Transportation Inc. Adds Iowa to Its Map with New Contract” with publication date: June 06, 2016.

Student Transportation Inc. is engaged in providing school bus transportation services in North America. The company has a market cap of $696.61 million. The Firm operates through two divisions: transportation, and gas and oil. It currently has negative earnings. The transportation segment provides school bus and management services to public and private schools in North America.

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