Bullish Stocks Trading Near 52-Week High: $MTL $GEI $CF – Wire Real Estate

Bullish Stocks Trading Near 52-Week High: $MTL $GEI $CF




Sep 2, 2020

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Mullen Group is bullish as it declares monthly dividend

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Mullen Group Ltd (TSE:MTL) is trading at C$10.00 which is near to its 52-week's high of $10.25

Mullen Group Ltd's Board of Directors has declared a monthly dividend of $0.03 per Common Share per share that will be payable on September 15, 2020. The dividend is designated "eligible dividend" for Canadian resident investors for purposes of dividend credit tax rules.

The company has announced that it has purchased the remaining shares of Pacific Coast Express Limited. Mullen Group invested in PCX as part of its strategy to invest in quality companies offering warehousing, logistics, and less-than-truckload.

Gibson Energy is risk-free and trading near its 520-week's high

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Gibson Energy Inc. (TSE:GEI) is trading at C$24.26 which is near to its 52-week's high of $28.34

Gibson Energy Inc has announced that it has submitted its inaugural climate change questionnaire to CDP. The company has also announced the creation of a Sustainability and ESG Board Committee. The questionnaire is meant to increase transparency to shareholders regarding the company's environmental and climate-related performance.

Among the documents submitted include a partial quantification of the Company's Scope 3 emissions and the quantification and verification of the Company's Scope 1 and 2 greenhouse gas emissions.

Canaccord Genuity is bullish as it announces extension of its partnership with Contemi Solutions

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Canaccord Genuity Group Inc (TSE:CF) is trading at C$7.86 which is near to its 52-week's high of $8.43

Canaccord Genuity has signed a three-year contract extension for its post trade processing solution, NOVA with Contemi Solutions. Canaccord Genuity is a global supplier of modular technology solutions to capital markets, insurance, and asset and wealth management companies. As part of the partnership between the two companies, Canaccord Genuity will leverage Contemi's award-winning Analytics module and hosted & managed services.

The two companies have a long relationship spanning more than 20 year and underlines Contemi's ability to work with large, complicated, multinational capital markets companies. Contemi helps companies to seamlessly transform their systems and technological processes.

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