Canadian Utilities Limited (TSE:CU - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$35.17 and traded as high as C$36.04. Canadian Utilities shares last traded at C$36.00, with a volume of 942,947 shares trading hands.
Analyst Ratings Changes
A number of research firms have issued reports on CU. CIBC boosted their target price on Canadian Utilities from C$38.00 to C$40.00 in a research note on Friday, April 4th. Scotiabank increased their price objective on shares of Canadian Utilities from C$37.00 to C$38.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th.
Read Our Latest Stock Analysis on Canadian Utilities
Canadian Utilities Price Performance
The stock has a market cap of C$7.58 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66. The company has a debt-to-equity ratio of 158.34, a current ratio of 1.63 and a quick ratio of 1.30. The business's 50-day simple moving average is C$35.24 and its two-hundred day simple moving average is C$35.18.
About Canadian Utilities
(
Get Free Report)
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.
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