Canadian Utilities (TSE:CU) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Canadian Utilities Limited (TSE:CUGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$38.26 and traded as high as C$39.86. Canadian Utilities shares last traded at C$39.69, with a volume of 503,504 shares.

Canadian Utilities Trading Up 0.7%

The firm has a market cap of C$10.79 billion, a P/E ratio of 24.20, a PEG ratio of 2.38 and a beta of 0.47. The firm’s fifty day moving average is C$38.72 and its two-hundred day moving average is C$38.26. The company has a quick ratio of 1.30, a current ratio of 1.63 and a debt-to-equity ratio of 158.34.

Canadian Utilities Company Profile

(Get Free Report)

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico.

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