Canadian Utilities Limited (OTCMKTS:CDUAF – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $35.61 and traded as high as $36.50. Canadian Utilities shares last traded at $36.50, with a volume of 44,198 shares changing hands.
Analyst Upgrades and Downgrades
CDUAF has been the topic of a number of research analyst reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. TD Securities restated a “hold” rating on shares of Canadian Utilities in a report on Friday, May 8th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research report on Monday, April 20th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Analysis on Canadian Utilities
Canadian Utilities Trading Down 0.1%
Canadian Utilities Company Profile
Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.
In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.
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