Waste Connections (TSE:WCN) Hits New 12-Month High - Here's Why

Waste Connections, Inc. (TSE:WCN - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as C$281.17 and last traded at C$280.49, with a volume of 531758 shares. The stock had previously closed at C$275.99.

Waste Connections Trading Down 0.7 %

The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69. The firm has a market cap of C$50.84 billion, a P/E ratio of 54.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72. The firm's 50-day simple moving average is C$269.76 and its 200 day simple moving average is C$258.47.

Insider Activity at Waste Connections

In related news, Senior Officer James M. Little sold 4,200 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of C$274.59, for a total transaction of C$1,153,266.71. Also, Senior Officer Philip Rivard sold 5,000 shares of Waste Connections stock in a transaction on Monday, February 24th. The shares were sold at an average price of C$270.76, for a total value of C$1,353,780.29. Following the completion of the transaction, the insider now owns 62 shares of the company's stock, valued at approximately C$16,786.88. This trade represents a 98.78 % decrease in their ownership of the stock. Over the last quarter, insiders have sold 22,766 shares of company stock worth $6,185,495. Insiders own 0.21% of the company's stock.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.