It is trading at $92.77 which is just over $86.73, the 50 day moving average and impressively higher than the 200 day moving average of $76.48. The 50 day moving average was up $6.04 or +6.97% whereas the 200 day moving average was up $16.29 or +21.30%. 24K shares changed hands on Tuesday. Volume was down 60.65% under the stocks average daily volume.
Short traders are feeling a little more bearish on the company as indicated by the motion in short interest. The stock realized a rise in short interest between September 15, 2017 and September 29, 2017 of 14.21%. Short shares increased 72,495 over that timeframe. The short-interest ratio increased to 8.0 and the short interest percentage is 0.05% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (DEL). State of Alaska, Department of Revenue expanded its ownership by buying 60 shares an increase of 2.9%. State of Alaska, Department of Revenue now holds 2,150 shares with a value of $190,000. The value of the position overall is up by 21.8%. As of the end of the quarter Horrell Capital Management, Inc. had bought 129 shares growing its holdings by 0.5%. The value of the investment in (DEL) increased from $2,086,000 to $2,482,000 a change of $396,000 since the last quarter.
Louisiana State Employees Retirement System bolstered its investment by buying 100 shares an increase of 2.3% in the quarter. Louisiana State Employees Retirement System owns 4,400 shares valued at $389,000. The total value of its holdings increased 21.2%. Bank Of Montreal /can/ added to its position by buying 46 shares an increase of 39.7% as of 09/30/2017. Bank Of Montreal /can/ claims 162 shares worth $14,000. The value of the position overall is up by 55.6%.
In the market the company is trading up by 4.10%% since yesterday’s close of 89.12. The company recently declared a dividend to be paid on Monday the 18th of December 2017. The dividend payment will be $0.100 per share for the quarter which comes to $0.40 on an annualized basis. This dividend amount will represent a yield of $0.45. The ex-dividend date will be on Thursday August 31st, 2017.
Deltic Timber Corporation currently has a P/E ratio of 134.45 and the market value is 1.13B.
Deltic Timber Corporation, launched on September 4, 1996, is a vertically integrated natural resources company. The Company is involved in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four segments: Woodlands, which manages all aspects of the Business’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Business’s four real estate developments and a related country club operation, and Corporate. It is also engaged in real estate development in central Arkansas..