Waste Connections, Inc. (TSE:WCN - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$271.05 and traded as low as C$265.72. Waste Connections shares last traded at C$269.50, with a volume of 296,106 shares changing hands.
Analysts Set New Price Targets
Separately, William Blair raised shares of Waste Connections to a "strong-buy" rating in a research report on Thursday, April 3rd.
Get Our Latest Report on WCN
Waste Connections Stock Performance
The business's 50-day moving average price is C$271.27 and its 200-day moving average price is C$262.22. The company has a current ratio of 0.77, a quick ratio of 0.74 and a debt-to-equity ratio of 102.69. The stock has a market cap of C$49.24 billion, a PE ratio of 52.36, a P/E/G ratio of 2.22 and a beta of 0.72.
Insider Activity
In related news, Senior Officer Philip Rivard sold 5,000 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of C$270.76, for a total transaction of C$1,353,780.29. Following the completion of the transaction, the insider now owns 62 shares in the company, valued at C$16,786.88. This represents a 98.78 % decrease in their position. Also, Senior Officer James M. Little sold 4,200 shares of Waste Connections stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of C$274.59, for a total value of C$1,153,266.71. In the last quarter, insiders sold 22,766 shares of company stock worth $6,185,495. Insiders own 0.21% of the company's stock.
Waste Connections Company Profile
(
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.
See Also
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
