ABC Technologies (TSE:ABCT) Reaches New 1-Year High at $6.68

ABC Technologies Holdings Inc. (TSE:ABCT) reached a new 52-week high during trading on Monday . The stock traded as high as C$6.68 and last traded at C$6.68, with a volume of 1900 shares changing hands. The stock had previously closed at C$6.68.

Wall Street Analysts Forecast Growth

ABCT has been the topic of a number of recent research reports. National Bankshares increased their target price on ABC Technologies from C$6.00 to C$6.75 and gave the stock a “tender” rating in a report on Tuesday, September 5th. JPMorgan Chase & Co. lowered shares of ABC Technologies from an “overweight” rating to a “neutral” rating and raised their price objective for the company from C$5.00 to C$6.75 in a research note on Wednesday, September 6th.

ABC Technologies Stock Down 0.1 %

The stock has a fifty day moving average price of C$5.92 and a two-hundred day moving average price of C$5.79. The company has a market cap of C$772.61 million, a P/E ratio of -10.45 and a beta of 1.21. The company has a debt-to-equity ratio of 231.38, a current ratio of 1.37 and a quick ratio of 0.50.

ABC Technologies Company Profile

ABC Technologies Holdings Inc engages in manufacturing, designing, engineering, material compounding, machine tooling, and equipment building of plastics and light weighting products for the automotive industry in Canada, the United States, Mexico, and internationally. It provides interior systems, including floor consoles, cargo management systems, interior trims, seat backs, load floor/deck boards, knee/sides, and door panels; exterior systems, such as spoilers, running boards, bumper systems, body side moldings, rocker panels, cladding, cargo management systems, bed extenders, and roof ditch moldings; and HVAC distribution systems comprising defrosters, I/P and floor products, auxiliary products, battery cooling products, brake cooling ducts, air guides, aspirators, and module components.