BidaskClub upgraded shares of Student Transportation (NASDAQ:STB) (TSE:STB) from a sell rating to a hold rating in a report published on Thursday.
Separately, Zacks Investment Research upgraded Student Transportation from a hold rating to a strong-buy rating and set a $7.25 price target on the stock in a research report on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $7.12.
Shares of Student Transportation (NASDAQ:STB) opened at $6.34 on Thursday. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.83 and a current ratio of 2.19. Student Transportation has a 1 year low of $5.42 and a 1 year high of $6.35. The firm has a market capitalization of $602.22, a P/E ratio of 45.29 and a beta of 0.64.
A number of large investors have recently made changes to their positions in STB. Virtu Financial LLC purchased a new position in Student Transportation during the fourth quarter valued at $102,000. Raymond James Financial Services Advisors Inc. purchased a new position in Student Transportation during the second quarter valued at $109,000. SG Americas Securities LLC purchased a new position in Student Transportation during the fourth quarter valued at $110,000. Trexquant Investment LP raised its stake in Student Transportation by 105.6% during the third quarter. Trexquant Investment LP now owns 20,561 shares of the transportation company’s stock valued at $123,000 after buying an additional 10,561 shares during the last quarter. Finally, Toronto Dominion Bank raised its stake in Student Transportation by 56.8% during the second quarter. Toronto Dominion Bank now owns 22,246 shares of the transportation company’s stock valued at $135,000 after buying an additional 8,057 shares during the last quarter. Institutional investors and hedge funds own 25.14% of the company’s stock.
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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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