Horizon North Logistics Inc. (HNL:CA) Rises 7.77%

Horizon North Logistics Inc. (HNL:CA) Rises 7.77%

November 29 was a positive day for Horizon North Logistics Inc. (HNL:CA) as its stock finished the day having gained 7.77% to hit a price of $1.11 a share. The company reached a market cap of 183.61 million and has 165.42 million shares outstanding. Horizon North Logistics Inc. is a component of the the S&P/TSX SmallCap Index.

392,140 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Horizon North Logistics Inc..

Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company’s revenue comes from Camps and Catering segment.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Roderick W. Graham.

Horizon North Logistics Inc. has hit a high of $2.44 and reached a low of $0.90 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.58.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

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