Power Co. of Canada (OTCMKTS:PWCDF) Shares Down 0.5% – Should You Sell?

Shares of Power Co. of Canada (OTCMKTS:PWCDF) fell 0.5% during trading on Monday . The stock traded as low as $47.03 and last traded at $49.49. 1,473,953 shares were traded during trading, an increase of 1,429% from the average session volume of 96,403 shares. The stock had previously closed at $49.76.

Analyst Upgrades and Downgrades

PWCDF has been the subject of several research reports. Royal Bank Of Canada downgraded shares of Power Co. of Canada from an “outperform” rating to a “sector perform” rating in a report on Monday, August 11th. BMO Capital Markets restated a “market perform” rating on shares of Power Co. of Canada in a research note on Friday, August 8th. Scotiabank reissued an “outperform” rating on shares of Power Co. of Canada in a research report on Tuesday, October 28th. Jefferies Financial Group cut shares of Power Co. of Canada to a “hold” rating in a research note on Friday, August 8th. Finally, TD Securities reaffirmed a “buy” rating on shares of Power Co. of Canada in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Power Co. of Canada has an average rating of “Hold”.

Power Co. of Canada Stock Down 0.5%

The stock has a 50 day simple moving average of $44.67 and a two-hundred day simple moving average of $41.17.

Power Co. of Canada Company Profile

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.