Insider Buying: ZCL Composites Inc. (ZCL) Director Acquires 2,000 Shares of Stock

ZCL Composites Inc. (TSE:ZCL) Director Ralph Barclay Young bought 2,000 shares of the stock in a transaction on Monday, August 13th. The shares were acquired at an average cost of C$7.56 per share, for a total transaction of C$15,120.00.

Ralph Barclay Young also recently made the following trade(s):

  • On Friday, June 8th, Ralph Barclay Young bought 2,500 shares of ZCL Composites stock. The shares were acquired at an average cost of C$8.75 per share, for a total transaction of C$21,875.00.
  • On Monday, May 28th, Ralph Barclay Young bought 2,500 shares of ZCL Composites stock. The shares were acquired at an average cost of C$9.97 per share, for a total transaction of C$24,925.00.

ZCL stock traded up C$0.24 during mid-day trading on Thursday, reaching C$7.64. 29,548 shares of the stock traded hands, compared to its average volume of 58,833. ZCL Composites Inc. has a 52 week low of C$7.24 and a 52 week high of C$13.79.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Sunday, September 30th will be issued a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Thursday, September 27th.

Separately, Raymond James raised shares of ZCL Composites from a “market perform” rating to an “outperform” rating and set a C$11.50 target price on the stock in a research report on Monday, June 18th.

ZCL Composites Company Profile

ZCL Composites Inc designs, manufactures, and supplies fiberglass reinforced plastic (FRP) underground storage tanks in Canada, the United States, and internationally. The company also manufactures and distributes liquid storage systems, including fiberglass storage tanks and related products and accessories; and produces and sells in-situ fiberglass tank and tank lining systems, and three dimensional glass fabric materials.

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Insider Buying and Selling by Quarter for ZCL Composites (TSE:ZCL)

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