United Co.s (TSE:UNC) Stock Crosses Below 50 Day Moving Average – Time to Sell?

by · The Cerbat Gem

United Co.s Limited (TSE:UNC – Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$14.30 and traded as low as C$14.17. United Co.s shares last traded at C$14.17, with a volume of 39,069 shares changing hands.

United Co.s Price Performance

The company has a market capitalization of C$1.59 billion, a P/E ratio of 4.57 and a beta of -0.02. The firm’s 50-day moving average is C$14.30 and its 200-day moving average is C$47.06.

United Co.s (TSE:UNC – Get Free Report) last issued its quarterly earnings results on Friday, November 7th. The company reported C$0.06 earnings per share for the quarter. United Co.s had a net margin of 85.56% and a return on equity of 17.19%. The business had revenue of C$214.11 million for the quarter.

United Co.s Company Profile

(Get Free Report)

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.

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