Shares of United Co.s Limited (TSE:UNC – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$15.00 and last traded at C$15.00, with a volume of 2805 shares. The stock had previously closed at C$14.67.
United Co.s Price Performance
The company’s 50-day moving average price is C$14.39 and its 200-day moving average price is C$32.06. The company has a market cap of C$1.65 billion, a P/E ratio of 4.72 and a beta of -0.02.
United Co.s (TSE:UNC – Get Free Report) last announced its earnings results on Friday, November 7th. The company reported C$0.06 earnings per share for the quarter. The firm had revenue of C$214.11 million during the quarter. United Co.s had a net margin of 85.56% and a return on equity of 17.19%.
About United Co.s
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. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.
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