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

Shares of United Co.s Limited (TSE:UNC) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 Price Performance

The firm has a market cap of C$1.31 billion, a PE ratio of 4.29 and a beta of 0.61. The company has a quick ratio of 1.14, a current ratio of 0.70 and a debt-to-equity ratio of 1.96. The stock has a 50 day moving average price of C$116.71 and a two-hundred day moving average price of C$112.25.

United Co.s (TSE:UNC) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$0.30 earnings per share for the quarter. United Co.s had a return on equity of 16.60% and a net margin of 83.20%. The business 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. Investors of record on Friday, May 3rd will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 1.03%. United Co.s’s dividend payout ratio is currently 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.