On Friday, September 15, the Director of ZCL Composites (OTC:$ZCLCF) Darcy Morris sold 1,000 ZCL stocks at an average price of $13.25. The total value of the sale was $13,250.00.
ZCL Composites is a fiberglass reinforced plastic underground storage tank supplier based in Canada. The company also builds custom above ground tanks.
On Tuesday, shares in ZCL increased 0.15% to $13.02 with a trading volume of 7,351. The moving average price over the last 50 and 200 days is $12.98 and $13.30. The stock was at a P/E ratio of 21.38 and a market capitalization of $404.23 million.
Shareholders also recently found out about a quarterly dividend that will be paid on October 16th. Shareholders of record will be paid a dividend of $0.12, which is an increase of the previous quarter’s dividend of $0.04.
Analyst Raymond James Financial cut their target price of ZCL from $14.50 to $16.00 and set a rating of ‘outperform’ in a research note on August 8th.
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