Canadian Utilities (TSE:CU) Hits New 1-Year High – Here’s What Happened

Canadian Utilities Limited (TSE:CUGet Free Report) shares hit a new 52-week high on Friday . The stock traded as high as C$41.05 and last traded at C$41.04, with a volume of 236984 shares. The stock had previously closed at C$39.69.

Canadian Utilities Stock Performance

The company has a quick ratio of 1.30, a current ratio of 1.63 and a debt-to-equity ratio of 158.34. The stock has a fifty day moving average of C$38.76 and a 200-day moving average of C$38.27. The stock has a market cap of C$11.17 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 2.38 and a beta of 0.47.

About Canadian Utilities

(Get Free Report)

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico.

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