National Bankshares Issues Positive Forecast for TerraVest Industries (TSE:TVK) Stock Price

TerraVest Industries (TSE:TVK) had its price target increased by National Bankshares from C$104.00 to C$128.00 in a research report released on Tuesday,BayStreet.CA reports.

TerraVest Industries Stock Performance

Shares of TVK opened at C$114.52 on Tuesday. The company’s 50 day simple moving average is C$105.94 and its 200-day simple moving average is C$89.65. TerraVest Industries has a 12-month low of C$35.02 and a 12-month high of C$125.72. The firm has a market cap of C$2.23 billion, a PE ratio of 33.21 and a beta of 0.66. The company has a current ratio of 2.32, a quick ratio of 0.91 and a debt-to-equity ratio of 71.72.

Insider Activity

In other news, insider Charles Pellerin sold 5,300 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$530,000.00. Also, Director Dustin Haw sold 20,000 shares of TerraVest Industries stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of C$100.00, for a total value of C$2,000,000.00. Over the last three months, insiders sold 113,700 shares of company stock valued at $11,556,134. Insiders own 29.81% of the company’s stock.

TerraVest Industries Company Profile

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.