Solium Capital (SUM) Gets a Hold Rating from Scotiabank

By Jason Carr

Solium Capital (SUMResearch Report), the Technology company was revisited on February 11, yet the Wall Street analyst remains currently on the sidelines. The company recieved Hold rating from Scotiabank’s analyst Paul Steep.

According to TipRanks.com, Steep is ranked #450 out of 5163 analysts.

Read also: Wall Street Second Best Analyst Pulls the Trigger on Shopify (SHOP) Stock

Currently, the analyst consensus on Solium Capital is a Hold with an average price target of C$19.15, a 0.0% upside from current levels. In a report issued on February 11, Canaccord Genuity also downgraded the stock to Hold with a C$19.15 price target.

.

The company has a one-year high of C$19.20 and a one-year low of C$9.91. Currently, Solium Capital has an average volume of 196.8K.

Solium Capital, Inc. engages in the provision of cloud-enabled services for global equity administration, financial reporting, and compliance. It operates through the following geographical segments: Canada, U.S., and International.

The company’s shares closed on Wednesday at C$19.15, close to its 52-week high of C$19.20.