United Co.s (TSE:UNC) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

United Co.s Limited (TSE:UNC)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$106.54 and traded as low as C$13.98. United Co.s shares last traded at C$13.98, with a volume of 100 shares trading hands.

United Co.s Trading Up 0.4%

The stock has a market capitalization of C$157.29 million, a price-to-earnings ratio of 0.40 and a beta of 0.60. The stock has a 50-day moving average price of C$69.82 and a 200 day moving average price of C$106.54.

United Co.s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, November 4th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.9%. United Co.s’s dividend payout ratio (DPR) is presently 3.40%.

About United Co.s

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.