United Co.s Limited (TSE:UNC – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$14.81 and traded as low as C$14.77. United Co.s shares last traded at C$14.80, with a volume of 4,500 shares.
United Co.s Stock Performance
The company has a market cap of C$1.66 billion, a P/E ratio of 4.77 and a beta of 0.75. The firm has a 50 day moving average price of C$14.89 and a 200-day moving average price of C$14.81.
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. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.
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