United Co.s (TSE:UNC) Hits New 1-Year High – What’s Next?

United Co.s Limited (TSE:UNCGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as C$16.37 and last traded at C$16.37, with a volume of 1350 shares changing hands. The stock had previously closed at C$16.00.

United Co.s Stock Performance

The firm has a market capitalization of C$1.77 billion, a P/E ratio of 5.08 and a beta of 0.62. The firm’s 50-day moving average is C$14.62 and its 200 day moving average is C$19.49.

United Co.s (TSE:UNCGet Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported C$0.06 EPS 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.

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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