United Co.s (TSE:UNC) Insider United Corporations Limited Purchases 1,300 Shares

United Co.s Limited (TSE:UNC) insider United Corporations Limited bought 1,300 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was acquired at an average price of C$14.30 per share, with a total value of C$18,590.00. Following the completion of the purchase, the insider directly owned 5,600 shares of the company’s stock, valued at approximately C$80,080. The trade was a 30.23% increase in their position.

United Corporations Limited also recently made the following trade(s):

• On Wednesday, April 1st, United Corporations Limited bought 800 shares of United Co.s stock. The stock was acquired at an average price of C$13.49 per share, with a total value of C$10,792.00.
• On Thursday, April 2nd, United Corporations Limited bought 900 shares of United Co.s stock. The stock was acquired at an average price of C$13.70 per share, with a total value of C$12,330.00.
• On Monday, April 6th, United Corporations Limited bought 200 shares of United Co.s stock. The stock was acquired at an average price of C$13.70 per share, with a total value of C$2,740.00.
• On Tuesday, April 7th, United Corporations Limited bought 300 shares of United Co.s stock. The stock was acquired at an average price of C$13.72 per share, with a total value of C$4,116.00.
• On Wednesday, April 8th, United Corporations Limited bought 1,000 shares of United Co.s stock. The stock was acquired at an average price of C$13.95 per share, with a total value of C$13,950.00.
• On Thursday, April 9th, United Corporations Limited bought 500 shares of United Co.s stock. The stock was acquired at an average price of C$13.85 per share, with a total value of C$6,925.00.
• On Friday, April 10th, United Corporations Limited purchased 1,000 shares of United Co.s stock. The shares were purchased at an average price of C$14.23 per share, with a total value of C$14,230.00.
• On Wednesday, April 15th, United Corporations Limited purchased 300 shares of United Co.s stock. The shares were purchased at an average price of C$14.50 per share, with a total value of C$4,350.00.
• On Thursday, April 16th, United Corporations Limited purchased 1,300 shares of United Co.s stock. The shares were purchased at an average price of C$14.67 per share, with a total value of C$19,071.00.
• On Friday, April 17th, United Corporations Limited purchased 900 shares of United Co.s stock. The shares were purchased at an average price of C$14.81 per share, with a total value of C$13,329.00.

United Co.s Price Performance

Shares of TSE:UNC opened at C$14.43 on Tuesday. The firm has a market capitalization of C$1.62 billion, a PE ratio of 4.65 and a beta of 0.69. The business has a 50-day moving average of C$14.05 and a two-hundred day moving average of C$14.52. United Co.s Limited has a 12 month low of C$12.50 and a 12 month high of C$16.37.

United Co.s (TSE:UNC) last announced its quarterly earnings results on Friday, May 8th. The company reported C$0.05 EPS for the quarter. The company had revenue of C($53.50) million during the quarter. United Co.s had a return on equity of 18.51% and a net margin of 305.92%.

Key United Co.s News

Here are the key news stories impacting United Co.s this week:

• Positive Sentiment: United Corporations Limited disclosed a long series of share purchases in United Co.s Limited, including repeated buys on April 1 through April 30, signaling management/insider confidence in the stock’s valuation and future prospects.
• Positive Sentiment: The most recent disclosed purchase on April 30 added to the insider’s position at C$14.11 per share, reinforcing the view that insiders were willing to keep buying even after the stock had already moved above earlier purchase levels.
• Neutral Sentiment: United Co.s previously reported quarterly EPS of C$0.05, with strong profitability metrics and a low P/E ratio, which may also be supporting investor sentiment but is not new today.

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.