United Co.s (TSE:UNC) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

United Co.s Limited (TSE:UNCGet Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$124.74 and traded as low as C$116.00. United Co.s shares last traded at C$116.00, with a volume of 200 shares changing hands.

United Co.s Trading Up 1.8 %

The business has a 50 day simple moving average of C$124.27 and a 200-day simple moving average of C$128.91. The stock has a market capitalization of C$1.31 billion, a price-to-earnings ratio of 3.28 and a beta of 0.60.

United Co.s Company Profile

(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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