Analysts’ Weekly Ratings Changes for Pure Technologies (PUR)
Several investment firms have updated their stock ratings and price targets on shares of Pure Technologies (TSE: PUR) in the last week:
- Pure Technologies had its price target raised by analysts at Canaccord Genuity from C$8.00 to C$8.50. They now have a “buy” rating on the stock.
- Pure Technologies was downgraded by analysts at Cormark from a “buy” rating to a “market perform” rating.
- Pure Technologies was downgraded by analysts at Mackie from a “buy” rating to a “hold” rating.
- Pure Technologies was downgraded by analysts at Jennings Capital to a “hold” rating.
Pure Technologies Ltd. (TSE:PUR) traded up 0.67% during mid-day trading on Monday, hitting $7.56. 31,233 shares of the company’s stock traded hands. Pure Technologies Ltd. has a 52 week low of $4.74 and a 52 week high of $8.25. The stock has a 50-day moving average of $7.61 and a 200-day moving average of $7.26. The company has a market cap of $392.0 million and a P/E ratio of 187.75.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.59%.
Pure Technologies Ltd. (TSE:PUR) provides monitoring and surveillance of physical infrastructure utilizing patented technologies.
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