TerraVest Industries (TSE:TVK) Stock Price Expected to Rise, National Bankshares Analyst Says

TerraVest Industries (TSE:TVK) had its price objective hoisted by research analysts at National Bankshares from C$104.00 to C$128.00 in a note issued to investors on Tuesday,BayStreet.CA reports. National Bankshares’ target price would suggest a potential upside of 12.60% from the company’s current price.

TerraVest Industries Stock Performance

TVK opened at C$113.68 on Tuesday. The stock’s 50 day simple moving average is C$105.36 and its 200-day simple moving average is C$89.24. The company has a current ratio of 2.32, a quick ratio of 0.91 and a debt-to-equity ratio of 71.72. The stock has a market cap of C$2.22 billion, a PE ratio of 33.17 and a beta of 0.66. TerraVest Industries has a 1 year low of C$35.02 and a 1 year high of C$125.72.

Insider Transactions at TerraVest Industries

In other TerraVest Industries news, Director Dustin Haw sold 20,000 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Also, insider Charles Pellerin sold 1,600 shares of TerraVest Industries stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$100.26, for a total value of C$160,416.00. In the last three months, insiders sold 113,700 shares of company stock valued at $11,556,134. Company insiders own 29.81% of the company’s stock.

About TerraVest Industries

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.