RediShred Capital Corp. (CVE:KUT – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as C$3.60 and last traded at C$3.55, with a volume of 13063 shares. The stock had previously closed at C$3.52.
Analyst Ratings Changes
Separately, Cormark raised their target price on shares of RediShred Capital from C$5.75 to C$6.00 in a research note on Friday, August 30th.
Get Our Latest Stock Report on RediShred Capital
RediShred Capital Price Performance
RediShred Capital (CVE:KUT – Get Free Report) last released its earnings results on Wednesday, August 28th. The company reported C$0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.05. RediShred Capital had a net margin of 3.69% and a return on equity of 5.09%. The business had revenue of C$17.95 million for the quarter, compared to analyst estimates of C$18.28 million. On average, sell-side analysts forecast that RediShred Capital Corp. will post 0.1998874 EPS for the current year.
RediShred Capital Company Profile
RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.
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