On Tuesday, September 26th, Director of ZCL Composites, Inc. (TSXV:$ZCL) David Bruce Mcewen Bentley bought 12,000 shares of the firm’s stock. The shares were a total transaction of C$85.080.00 at an average price of $7.09 per share.
ZCL Composites is a Canadian manufacturer and supplier of fiberglass reinforced plastic underground storage tanks. They also provide dual-laminate composite storage tanks, piping and lining systems, custom engineered aboveground FRP and related products and accessories, especially in cases where corrosion may be an issue for regular tanks.
On Thursday, ZCL traded up 1.03% and reached a high of $12.79 on 48,226 shares of the company. The company has a 52 week high of $15.47 and a 52 week low of $10.00. The company also has 50 and 200 day moving averages of $12.97 and $13.30 respectively.
They also recently announced a dividend to be paid to shareholders on October 16th. The dividend is only available to shareholders as of September 30, with an ex-dividend date of September 28th. This creates an annualized dividend of $0.48 and a dividend yield of 3.75%. This is $0.04 more than the previous quarter.
Raymond James Financial, Inc (NYSE:$RJF) took note of the company on Tuesday, August 8th when they set an ‘Outperform’ rating and a target price of C$14.50, down from their previous price of C$16.00.
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