United Co.s (TSE:UNC) Sets New 52-Week High – Should You Buy?

United Co.s Limited (TSE:UNC) shares reached a new 52-week high on Wednesday . The company traded as high as C$14.95 and last traded at C$14.95, with a volume of 308 shares changing hands. The stock had previously closed at C$14.61.

United Co.s Trading Up 2.3%

The company has a market capitalization of C$1.68 billion, a PE ratio of 4.82 and a beta of -0.02. The stock’s fifty day moving average is C$14.34 and its two-hundred day moving average is C$36.11.

United Co.s (TSE:UNC) last posted its quarterly earnings results on Friday, November 7th. The company reported C$0.06 earnings per share for the quarter. The company had revenue of C$214.11 million during the quarter. United Co.s had a return on equity of 17.19% and a net margin of 85.56%.

United Co.s Company Profile

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.