Power Co. of Canada (OTCMKTS:PWCDF) Stock Price Down 0.3% – Time to Sell?

Shares of Power Co. of Canada (OTCMKTS:PWCDF) traded down 0.3% during mid-day trading on Thursday . The company traded as low as $50.9240 and last traded at $50.96. 26,030 shares traded hands during trading, a decline of 10% from the average session volume of 28,796 shares. The stock had previously closed at $51.10.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PWCDF. National Bankshares reiterated a “sector perform” rating on shares of Power Co. of Canada in a research note on Monday, October 27th. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Power Co. of Canada has a consensus rating of “Hold”.

Power Co. of Canada Stock Down 1.0%

The stock has a fifty day moving average of $52.10 and a two-hundred day moving average of $46.38.

Power Co. of Canada Company Profile

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.