TerraVest Industries (TSE:TVK) Price Target Raised to C$128.00 at National Bankshares

TerraVest Industries (TSE:TVK) had its target price boosted by National Bankshares from C$104.00 to C$128.00 in a research note published on Tuesday morning,BayStreet.CA reports.

TerraVest Industries Stock Down 3.2 %

Shares of TSE:TVK opened at C$114.43 on Tuesday. The stock’s 50-day moving average is C$105.06 and its 200 day moving average is C$88.99. The company has a market cap of C$2.23 billion, a PE ratio of 32.91 and a beta of 0.66. The company has a debt-to-equity ratio of 71.72, a current ratio of 2.32 and a quick ratio of 0.91. TerraVest Industries has a 1 year low of C$35.02 and a 1 year high of C$125.72.

Insider Transactions at TerraVest Industries

In other news, Director Dustin Haw sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total value of C$2,000,000.00. Also, insider Charles Pellerin sold 5,300 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total value of C$530,000.00. In the last quarter, insiders sold 113,700 shares of company stock valued at $11,556,134. Corporate insiders own 29.81% of the company’s stock.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.