Trimac Transportation (TMA) Releases Quarterly Earnings Results
Trimac Transportation (TSE:TMA) released its earnings data on Friday. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.01, Analyst Ratings.Net reports.
Trimac Transportation (TSE:TMA) opened at 6.67 on Friday. Trimac Transportation has a one year low of $4.85 and a one year high of $7.01. The stock has a 50-day moving average of $6.47 and a 200-day moving average of $6.0. The company has a market cap of $187.4 million and a price-to-earnings ratio of 12.90.
Several analysts have recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Trimac Transportation in a research note on Wednesday, July 9th. Finally, analysts at TD Securities raised their price target on shares of Trimac Transportation from C$7.00 to C$7.50 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock.
Trimac Transportation Ltd. (TSE:TMA) is the provider of bulk trucking services in Canada.
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