United Co.s (TSE:UNC) Sets New 1-Year High – Here’s What Happened

United Co.s Limited (TSE:UNC)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$16.37 and last traded at C$16.37, with a volume of 1350 shares trading hands. The stock had previously closed at C$16.00.

United Co.s Trading Up 2.3%

The firm has a fifty day moving average price of C$14.56 and a 200 day moving average price of C$21.18. The firm has a market cap of C$1.84 billion, a PE ratio of 5.28 and a beta of 0.62.

United Co.s (TSE:UNC) last released its quarterly earnings data on Friday, November 7th. The company reported C$0.06 earnings per share (EPS) for the quarter. United Co.s had a net margin of 85.56% and a return on equity of 17.19%. The firm had revenue of C$214.11 million during the quarter.

United Co.s Company Profile

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.