Logistec (TSE:LGT.B) Shares Pass Above 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Logistec Co. (TSE:LGT.B – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$66.95 and traded as high as C$66.95. Logistec shares last traded at C$66.95, with a volume of 1,263 shares traded.

Logistec Stock Performance

The stock has a 50-day moving average price of C$66.95. The stock has a market cap of C$366.22 million, a PE ratio of 31.00 and a beta of 0.70. The company has a debt-to-equity ratio of 161.95, a quick ratio of 1.52 and a current ratio of 1.49.

Logistec Company Profile

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Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. The company operates in two segments, Marine Services and Environmental Services. The Marine Services segment provides specialized cargo handling services, which include container, bulk, breakbulk, and general and project cargo, as well as other services through the operation of 61 terminals in 37 ports in eastern North America.

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