Waste Connections, Inc. (TSE:WCN - Get Free Report) crossed 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.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Seaport Res Ptn upgraded Waste Connections to a "strong-buy" rating in a research note on Tuesday, May 6th. William Blair upgraded Waste Connections to a "strong-buy" rating in a research report on Thursday, April 3rd. Finally, National Bank Financial raised shares of Waste Connections to a "strong-buy" rating in a research note on Monday, May 26th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$265.00.
Get Our Latest Analysis on Waste Connections
Waste Connections Price Performance
The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69. The company has a market cap of C$47.70 billion, a price-to-earnings ratio of 50.72, a PEG ratio of 2.22 and a beta of 0.72. The stock's 50-day simple moving average is C$269.94 and its 200 day simple moving average is C$265.44.
Insider Activity at Waste Connections
In other news, Senior Officer Robert Andres Nielsen sold 473 shares of Waste Connections stock in a transaction on Friday, May 23rd. The shares were sold at an average price of C$269.79, for a total transaction of C$127,610.67. Also, Senior Officer Darrell W. Chambliss sold 13,566 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of C$271.15, for a total value of C$3,678,448.03. Company insiders own 0.21% of the company's stock.
Waste Connections Company Profile
(
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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.
Further Reading
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