Waste Connections (TSE:WCN) Reaches New 12-Month High – Here’s What Happened

Waste Connections, Inc. (TSE:WCN)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$281.17 and last traded at C$280.49, with a volume of 531758 shares trading hands. The stock had previously closed at C$275.99.

Waste Connections Trading Up 0.2 %

The stock’s 50 day simple moving average is C$269.27 and its 200 day simple moving average is C$258.25. The firm has a market cap of C$51.18 billion, a PE ratio of 54.42, a PEG ratio of 2.22 and a beta of 0.72. The company has a debt-to-equity ratio of 102.69, a quick ratio of 0.74 and a current ratio of 0.77.

Insider Buying and Selling

In other Waste Connections news, Senior Officer Philip Rivard sold 5,000 shares of the company’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 owns 62 shares of the company’s stock, valued at C$16,786.88. This represents a 98.78 % decrease in their ownership of the stock. Also, Senior Officer James M. Little sold 4,200 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of C$274.59, for a total transaction of C$1,153,266.71. Over the last ninety days, insiders sold 22,766 shares of company stock worth $6,185,495. Corporate insiders own 0.21% of the company’s stock.

Waste Connections Company Profile

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.