Waste Connections (TSE:WCN) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of Waste Connections, Inc. (TSE:WCN) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$257.42 and traded as high as C$271.31. Waste Connections shares last traded at C$267.86, with a volume of 394,367 shares.

Analyst Upgrades and Downgrades

Separately, ATB Capital upped their target price on Waste Connections from C$255.00 to C$260.00 in a research report on Friday, October 25th.

Waste Connections Stock Performance

The company has a current ratio of 0.77, a quick ratio of 0.74 and a debt-to-equity ratio of 102.69. The firm has a 50-day simple moving average of C$257.39 and a two-hundred day simple moving average of C$253.24. The company has a market capitalization of C$48.69 billion, a price-to-earnings ratio of 51.77, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.