Canadian Utilities Limited (CU) Director Sells C$77,820.00 in Stock
Canadian Utilities Limited (TSE:CU) Director George J. Lidgett sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$38.91, for a total transaction of C$77,820.00.
Shares of Canadian Utilities Limited (CU) traded down C$0.02 during trading hours on Wednesday, reaching C$38.60. 271,471 shares of the company were exchanged, compared to its average volume of 233,454. Canadian Utilities Limited has a 1 year low of C$34.85 and a 1 year high of C$42.44.
Separately, Royal Bank Of Canada reduced their target price on shares of Canadian Utilities from C$41.00 to C$40.00 and set a “sector perform” rating for the company in a report on Friday, October 27th.
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About Canadian Utilities
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).
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