Rocky Mountain Dealerships Inc. (RME) Director Cameron Walter Crawford Buys 2,000 Shares

Rocky Mountain Dealerships Inc. (TSE:RME) Director Cameron Walter Crawford purchased 2,000 shares of the company’s stock in a transaction on Friday, March 17th. The shares were bought at an average cost of C$9.59 per share, with a total value of C$19,180.00.

Rocky Mountain Dealerships Inc. (TSE:RME) traded up 0.85% during trading on Monday, reaching $9.48. The company’s stock had a trading volume of 70,818 shares. The firm has a 50-day moving average price of $10.64 and a 200-day moving average price of $9.76. Rocky Mountain Dealerships Inc. has a 52 week low of $5.75 and a 52 week high of $11.25. The firm has a market capitalization of $186.36 million and a P/E ratio of 12.31.

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Several research firms have weighed in on RME. CIBC raised their price target on Rocky Mountain Dealerships from C$11.00 to C$12.00 in a research report on Thursday, January 12th. TD Securities dropped their price target on Rocky Mountain Dealerships from C$10.00 to C$9.50 and set a “hold” rating for the company in a research report on Thursday. Raymond James Financial, Inc. dropped their price target on Rocky Mountain Dealerships from C$12.00 to C$11.50 and set an “outperform” rating for the company in a research report on Thursday. Finally, Royal Bank of Canada dropped their price target on Rocky Mountain Dealerships from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a research report on Friday.

About Rocky Mountain Dealerships

Rocky Mountain Dealerships Inc is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The Company operates in two segments: agriculture segment and industrial segment. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.

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