Clarus Securities Research Analysts Lift Earnings Estimates for Urthecast Corp (UR)
Urthecast Corp (TSE:UR) – Stock analysts at Clarus Securities raised their FY2017 earnings per share estimates for shares of Urthecast Corp in a research report issued on Tuesday. Clarus Securities analyst N. Atkinson now forecasts that the company will earn ($0.08) per share for the year, up from their prior estimate of ($0.09). Clarus Securities also issued estimates for Urthecast Corp’s FY2018 earnings at $0.00 EPS.
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Other equities research analysts have also issued research reports about the company. Raymond James Financial, Inc. dropped their target price on Urthecast Corp from C$2.75 to C$2.25 and set an “outperform” rating on the stock in a research report on Wednesday. Canaccord Genuity dropped their target price on Urthecast Corp from C$3.50 to C$3.25 and set a “speculative buy” rating on the stock in a research report on Friday, May 5th.
Urthecast Corp (TSE:UR) opened at 1.00 on Thursday. Urthecast Corp has a 1-year low of $0.69 and a 1-year high of $2.17. The firm’s 50-day moving average is $1.18 and its 200 day moving average is $1.45. The company’s market cap is $118.78 million.
In related news, insider George Tyc sold 287,900 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of C$1.26, for a total value of C$362,754.00. In the last quarter, insiders sold 703,000 shares of company stock worth $900,448.
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