United Co.s (TSE:UNC) Sets New 12-Month Low – Here’s Why

United Co.s Limited (TSE:UNCGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$114.00 and last traded at C$114.00, with a volume of 5179 shares. The stock had previously closed at C$117.49.

United Co.s Stock Performance

The firm has a market cap of C$1.28 billion, a P/E ratio of 3.22 and a beta of 0.60. The firm’s fifty day moving average is C$128.30 and its 200 day moving average is C$129.55.

About United Co.s

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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.

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