Canadian Utilities Limited (TSE:CU) Director Sells 400 Shares

Canadian Utilities Limited (TSE:CU) Director Loraine M. Charlton sold 400 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of C$35.34, for a total transaction of C$14,136.00.

Canadian Utilities Stock Down 0.3 %

TSE CU traded down C$0.11 during trading on Tuesday, hitting C$35.24. The company’s stock had a trading volume of 22,504 shares, compared to its average volume of 525,951. Canadian Utilities Limited has a fifty-two week low of C$29.15 and a fifty-two week high of C$37.10. The company has a market cap of C$7.20 billion, a PE ratio of 19.04, a P/E/G 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$34.30 and its 200-day simple moving average is C$34.97.

Wall Street Analyst Weigh In

Separately, Scotiabank raised their price objective on Canadian Utilities from C$37.00 to C$38.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th.

About Canadian Utilities

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.