Shares of United Co.s Limited (TSE:UNC – Get Free Report) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$14.78 and traded as high as C$14.88. United Co.s shares last traded at C$14.88, with a volume of 601 shares changing hands.
United Co.s Trading Up 1.5%
The firm has a market capitalization of C$1.67 billion, a price-to-earnings ratio of 4.80 and a beta of -0.12. The stock has a fifty day moving average price of C$14.86 and a 200-day moving average price of C$14.78.
United Co.s Company Profile
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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