United Co.s (TSE:UNC) Reaches New 12-Month High – What’s Next?
by Renee Jackson · The Cerbat GemUnited Co.s Limited (TSE:UNC – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$15.01 and last traded at C$15.01, with a volume of 903 shares. The stock had previously closed at C$14.65.
United Co.s Stock Up 2.5%
The business has a 50-day simple moving average of C$14.41 and a two-hundred day simple moving average of C$29.64. The stock has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 4.84 and a beta of 0.62.
United Co.s (TSE:UNC – Get Free Report) last posted its quarterly earnings data on Friday, November 7th. The company reported C$0.06 EPS for the quarter. United Co.s had a return on equity of 17.19% and a net margin of 85.56%.The company had revenue of C$214.11 million for the quarter.
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.