Canadian Utilities Limited (TSE:CU - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$35.05 and traded as high as C$36.49. Canadian Utilities shares last traded at C$36.23, with a volume of 313,317 shares changing hands.
Wall Street Analyst Weigh In
Separately, Scotiabank increased their price target on Canadian Utilities from C$37.00 to C$38.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th.
View Our Latest Stock Analysis on CU
Canadian Utilities Trading Up 1.4 %
The company has a current ratio of 1.63, a quick ratio of 1.30 and a debt-to-equity ratio of 158.34. The firm has a market cap of C$7.51 billion, a PE ratio of 19.86, a P/E/G ratio of 2.38 and a beta of 0.66. The company's 50-day moving average is C$34.65 and its 200 day moving average is C$35.10.
Canadian Utilities Company Profile
(
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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.
Further Reading
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