RediShred Capital Corp. (CVE:KUT – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$3.95 and last traded at C$3.95, with a volume of 7106 shares. The stock had previously closed at C$3.94.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Singular Research raised RediShred Capital to a “strong-buy” rating in a research report on Monday. Cormark boosted their price objective on RediShred Capital from C$5.75 to C$6.00 in a research report on Friday, August 30th.
View Our Latest Analysis on KUT
RediShred Capital Stock Performance
RediShred Capital (CVE:KUT – Get Free Report) last released its quarterly earnings results on Wednesday, August 28th. The company reported C$0.05 EPS for the quarter, hitting analysts’ consensus estimates of C$0.05. The business had revenue of C$17.95 million for the quarter, compared to analyst estimates of C$18.28 million. RediShred Capital had a return on equity of 5.09% and a net margin of 3.69%. On average, research analysts expect that RediShred Capital Corp. will post 0.2007114 earnings per share for the current fiscal year.
RediShred Capital Company Profile
RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.
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