Waste Connections, Inc. (TSE:WCN - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$269.94 and traded as low as C$259.80. Waste Connections shares last traded at C$262.43, with a volume of 211,069 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on WCN shares. William Blair upgraded shares of Waste Connections to a "strong-buy" rating in a report on Thursday, April 3rd. Seaport Res Ptn upgraded shares of Waste Connections to a "strong-buy" rating in a research report on Tuesday, May 6th. Finally, National Bank Financial raised Waste Connections to a "strong-buy" rating in a report on Monday, May 26th. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$265.00.
Read Our Latest Analysis on WCN
Waste Connections Stock Performance
The stock has a market capitalization of C$47.02 billion, a P/E ratio of 50.00, a P/E/G ratio of 2.22 and a beta of 0.72. The company has a debt-to-equity ratio of 102.69, a quick ratio of 0.74 and a current ratio of 0.77. The business's fifty day moving average price is C$269.53 and its two-hundred day moving average price is C$265.47.
Insider Transactions at Waste Connections
In other news, Senior Officer Robert Andres Nielsen sold 473 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of C$269.79, for a total value of C$127,610.67. Insiders own 0.21% of the company's stock.
About Waste Connections
(
Get Free Report)
Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.
Featured Articles
Before you consider Waste Connections, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Connections wasn't on the list.
While Waste Connections currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
