Hydro One Limited (TSE:H - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$45.48 and traded as low as C$44.90. Hydro One shares last traded at C$45.19, with a volume of 746,765 shares.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. Raymond James lifted their target price on Hydro One from C$41.00 to C$45.00 in a report on Thursday, September 19th. CIBC upped their price target on shares of Hydro One from C$41.00 to C$44.00 in a report on Thursday, August 15th. National Bankshares raised their price objective on shares of Hydro One from C$40.00 to C$45.00 and gave the stock a "sector perform" rating in a report on Friday, August 23rd. BMO Capital Markets upped their price target on shares of Hydro One from C$42.00 to C$44.00 in a research report on Thursday, September 5th. Finally, Wells Fargo & Company increased their target price on Hydro One from C$42.00 to C$46.00 in a report on Monday, August 19th. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Hydro One currently has a consensus rating of "Hold" and a consensus target price of C$43.00.
Check Out Our Latest Analysis on H
Hydro One Stock Up 0.6 %
The stock has a market capitalization of C$27.26 billion, a P/E ratio of 24.17, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. The stock has a fifty day moving average price of C$45.48 and a 200 day moving average price of C$42.78. The company has a debt-to-equity ratio of 137.11, a current ratio of 0.40 and a quick ratio of 0.30.
Hydro One Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Wednesday, December 11th will be given a $0.314 dividend. This represents a $1.26 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Wednesday, December 11th. Hydro One's payout ratio is currently 67.38%.
Hydro One Company Profile
(
Get Free Report)
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.
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