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United Co.s (TSE:UNC) Share Price Crosses Below 50 Day Moving Average - Here's Why

United Co.s logo with Financial Services background
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United Co.s Limited (TSE:UNC - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$132.49 and traded as low as C$125.00. United Co.s shares last traded at C$125.00, with a volume of 1,545 shares.

United Co.s Stock Down 0.2 %

The stock has a market capitalization of C$1.41 billion, a P/E ratio of 3.54 and a beta of 0.60. The business's 50 day simple moving average is C$132.49 and its two-hundred day simple moving average is C$129.95.

About United Co.s

(Get Free Report)

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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