Insider Selling: Canadian Utilities Limited (TSE:CU) Director Sells C$14,136.00 in Stock

Canadian Utilities Limited (TSE:CU) Director Loraine M. Charlton sold 400 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$35.34, for a total value of C$14,136.00.

Canadian Utilities Stock Performance

Shares of Canadian Utilities stock opened at C$36.17 on Friday. The firm has a market cap of C$7.39 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66. The stock’s 50-day moving average is C$34.37 and its 200-day moving average is C$35.00. Canadian Utilities Limited has a one year low of C$29.15 and a one year high of C$37.10. The company has a debt-to-equity ratio of 158.34, a current ratio of 1.63 and a quick ratio of 1.30.

Wall Street Analyst Weigh In

Separately, Scotiabank boosted their target price on Canadian Utilities from C$37.00 to C$38.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th.

About Canadian Utilities

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.