United Co.s (TSE:UNC) Shares Pass Below 50-Day Moving Average – Should You Sell?

by · The Markets Daily

United Co.s Limited (TSE:UNC – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$14.29 and traded as low as C$14.11. United Co.s shares last traded at C$14.30, with a volume of 15,517 shares trading hands.

United Co.s Stock Down 0.7%

The company has a market cap of C$1.61 billion, a price-to-earnings ratio of 4.61 and a beta of -0.02. The business’s fifty day simple moving average is C$14.29 and its two-hundred day simple moving average is C$39.41.

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

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. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.

See Also