Student Transportation Inc. (TSE:STB) (NASDAQ:STB) shares reached a new 52-week low on Thursday . The company traded as low as C$6.98 and last traded at C$7.10, with a volume of 353,604 shares changing hands. The stock had previously closed at C$7.28.
Separately, National Bank Financial lowered shares of Student Transportation from an “outperform” rating to a “sector perform” rating in a research report on Thursday, June 1st.
The firm’s 50-day moving average price is $7.38 and its 200-day moving average price is $7.71. The stock has a market cap of $673.07 million and a P/E ratio of 92.47.
The company also recently disclosed a monthly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 15th were given a dividend of $0.0367 per share. This represents a $0.44 annualized dividend and a yield of 6.19%. The ex-dividend date was Tuesday, August 29th.
In other news, Director Denis Joseph Gallagher acquired 8,200 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The shares were bought at an average cost of C$6.07 per share, with a total value of C$49,774.00. Insiders have purchased a total of 29,950 shares of company stock worth $181,362 over the last three months.
About Student Transportation
Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.
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