Canadian Utilities Limited (TSE:CU - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$35.38 and traded as high as C$37.84. Canadian Utilities shares last traded at C$37.60, with a volume of 346,330 shares.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Scotiabank upped their price objective on shares of Canadian Utilities from C$37.00 to C$38.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. CIBC upped their price target on shares of Canadian Utilities from C$38.00 to C$40.00 in a research report on Friday, April 4th.
View Our Latest Stock Analysis on Canadian Utilities
Canadian Utilities Stock Performance
The company has a debt-to-equity ratio of 158.34, a quick ratio of 1.30 and a current ratio of 1.63. The firm has a 50 day moving average of C$36.32 and a 200-day moving average of C$35.37. The stock has a market capitalization of C$7.67 billion, a PE ratio of 20.29, a P/E/G ratio of 2.38 and a beta of 0.66.
About Canadian Utilities
(
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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.
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