Canadian Utilities Limited (TSE:CU) Director Loraine M. Charlton Sells 400 Shares

Canadian Utilities Limited (TSE:CU) Director Loraine M. Charlton sold 400 shares of Canadian Utilities stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$35.34, for a total transaction of C$14,136.00.

Canadian Utilities Stock Up 0.2 %

CU stock opened at C$35.42 on Wednesday. The stock has a market capitalization of C$7.24 billion, a P/E ratio of 19.14, a P/E/G ratio of 2.38 and a beta of 0.66. The firm has a 50-day simple moving average of C$34.31 and a 200-day simple moving average of C$34.97. The company has a quick ratio of 1.30, a current ratio of 1.63 and a debt-to-equity ratio of 158.34. Canadian Utilities Limited has a 52 week low of C$29.15 and a 52 week high of C$37.10.

Wall Street Analysts Forecast Growth

Separately, Scotiabank lifted their price objective on shares of Canadian Utilities from C$37.00 to C$38.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.