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

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

Canadian Utilities Stock Performance

Canadian Utilities stock opened at C$35.66 on Thursday. The company’s 50-day moving average price is C$34.34 and its 200-day moving average price is C$34.98. The company has a quick ratio of 1.30, a current ratio of 1.63 and a debt-to-equity ratio of 158.34. The company has a market cap of C$7.29 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66. Canadian Utilities Limited has a twelve month low of C$29.15 and a twelve month high of C$37.10.

Analyst Upgrades and Downgrades

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

About Canadian Utilities

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.