Waste Connections, Inc. (TSE:WCN - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$270.77 and traded as low as C$265.18. Waste Connections shares last traded at C$268.33, with a volume of 206,379 shares.
Analysts Set New Price Targets
WCN has been the topic of a number of recent research reports. Seaport Res Ptn raised Waste Connections to a "strong-buy" rating in a research report on Tuesday, May 6th. William Blair upgraded Waste Connections to a "strong-buy" rating in a research note on Thursday, April 3rd.
Get Our Latest Stock Report on WCN
Waste Connections Stock Up 1.6%
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 firm's 50 day moving average price is C$270.87 and its two-hundred day moving average price is C$263.95. The company has a market capitalization of C$49.58 billion, a price-to-earnings ratio of 52.71, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72.
Insider Activity at Waste Connections
In related news, Senior Officer Philip Rivard sold 5,000 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of C$270.76, for a total value of C$1,353,780.29. Following the completion of the sale, the insider now directly owns 62 shares in the company, valued at approximately C$16,786.88. The trade was a 98.78% decrease in their ownership of the stock. Also, Senior Officer Darrell W. Chambliss sold 13,566 shares of the company's stock in a transaction 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. In the last quarter, insiders have sold 22,766 shares of company stock worth $6,185,495. Company 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.
Read More
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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
