United Co.s (TSE:UNC) Stock Passes Below 50-Day Moving Average of $116.71

United Co.s Limited (TSE:UNC) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$116.71 and traded as low as C$116.00. United Co.s shares last traded at C$116.02, with a volume of 1,000 shares.

United Co.s Stock Performance

The company has a market cap of C$1.31 billion, a P/E ratio of 4.29 and a beta of 0.61. The business’s 50 day simple moving average is C$116.71 and its 200 day simple moving average is C$112.25. The company has a current ratio of 0.70, a quick ratio of 1.14 and a debt-to-equity ratio of 1.96.

United Co.s (TSE:UNC) last released its earnings results on Thursday, February 8th. The company reported C$0.30 EPS for the quarter. United Co.s had a net margin of 83.20% and a return on equity of 16.60%. The company had revenue of C$2.10 billion for the quarter.

United Co.s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, May 3rd will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Thursday, May 2nd. United Co.s’s payout ratio is 4.43%.

United Co.s Company Profile

United Corporations Limited is a closed ended equity fund launched and managed by Jarislowsky, Fraser Limited. It is co-managed by ValueInvest Asset Management SA It invests in the public equity markets of Canada. The fund also makes its investments in units of in Emerging Markets Investors Fund. It makes its investments in stocks of companies operating across diversified sectors.