United Co.s (TSE:UNC) Hits New 52-Week High – Here’s What Happened

United Co.s Limited (TSE:UNCGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$14.95 and last traded at C$14.95, with a volume of 308 shares traded. The stock had previously closed at C$14.61.

United Co.s Stock Up 2.3%

The stock has a market cap of C$1.68 billion, a P/E ratio of 4.82 and a beta of -0.02. The company has a 50-day simple moving average of C$14.31 and a two-hundred day simple moving average of C$36.40.

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

About United Co.s

(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. 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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