United Co.s (TSE:UNC) Shares Cross Below 50-Day Moving Average - Time to Sell?

Key Points

• United Co.s (TSE:UNC) stock price fell below its 50-day moving average of C$38.39, trading at C$14.29 with a low of C$14.17.
• The company has announced a quarterly dividend of $0.03 per share, yielding 0.8%, with a payout ratio of 5.50%.
• United Co.s has a market capitalization of C$1.61 billion and a P/E ratio of 6.55, indicating potential value for investors looking for long-term capital appreciation.

United Co.s Limited (TSE:UNC - Get 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$38.39 and traded as low as C$14.17. United Co.s shares last traded at C$14.29, with a volume of 2,400 shares changing hands.

United Co.s Trading Down 0.2%

The business has a 50-day moving average price of C$28.69 and a 200 day moving average price of C$92.36. The company has a market cap of C$1.62 billion, a price-to-earnings ratio of 6.59 and a beta of -0.14.

United Co.s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, November 4th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. United Co.s's dividend payout ratio (DPR) is presently 5.50%.

United Co.s Company Profile

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.