Clinton Warkentin Sells 731 Shares of Canadian Utilities Limited (CU) Stock
Canadian Utilities Limited (TSE:CU) insider Clinton Warkentin sold 731 shares of the firm’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of C$33.75, for a total value of C$24,671.25.
Canadian Utilities stock traded down C$0.05 during mid-day trading on Thursday, reaching C$34.16. The company’s stock had a trading volume of 32,273 shares, compared to its average volume of 234,982. The company has a market cap of $9,280.00, a PE ratio of 22.21 and a beta of 0.13. Canadian Utilities Limited has a 52-week low of C$33.37 and a 52-week high of C$42.44.
Canadian Utilities (TSE:CU) last released its earnings results on Thursday, February 22nd. The company reported C$0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.59 by C($0.16). The firm had revenue of C$1.16 billion for the quarter. Canadian Utilities had a return on equity of 3.91% and a net margin of 5.70%.
CU has been the topic of several research analyst reports. BMO Capital Markets dropped their price objective on Canadian Utilities from C$40.00 to C$39.00 in a research note on Friday, February 23rd. Royal Bank of Canada dropped their price objective on Canadian Utilities from C$40.00 to C$36.00 and set a “sector perform” rating on the stock in a research note on Friday, February 23rd.
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Canadian Utilities Company Profile
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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