United Co.s (TSE:UNC) Stock Passes Below Fifty Day Moving Average of $117.01

Shares of United Co.s Limited (TSE:UNC) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$117.01 and traded as low as C$114.16. United Co.s shares last traded at C$115.27, with a volume of 2,700 shares trading hands.

United Co.s Stock Down 2.3 %

The company has a debt-to-equity ratio of 1.96, a current ratio of 0.70 and a quick ratio of 1.14. The company’s 50-day simple moving average is C$117.01 and its 200 day simple moving average is C$113.08. The firm has a market cap of C$1.30 billion, a P/E ratio of 4.26 and a beta of 0.61.

United Co.s (TSE:UNC) last released its quarterly earnings data 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 business had revenue of C$2.10 billion during the quarter.

United Co.s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, May 3rd will be issued a $0.30 dividend. The ex-dividend date is Thursday, May 2nd. This represents a $1.20 annualized dividend and a dividend yield of 1.04%. United Co.s’s dividend payout ratio (DPR) is presently 4.43%.

About United Co.s

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.