Key Points
- United Corporations Limited, an insider in United Co.s, bought 1,300 shares on April 13 for C$18,590 at C$14.30 per share. The purchase lifted its direct holdings to 5,600 shares, a 30.23% increase in ownership.
- The insider has been steadily accumulating shares throughout April, with multiple purchases ranging from April 1 through April 17 at prices between C$13.49 and C$14.81. This pattern suggests ongoing confidence in the stock.
- United Co.s recently reported quarterly EPS of C$0.05 and continues to trade at a relatively low P/E ratio of 4.65, while shares opened at C$14.43 and remain below the 52-week high of C$16.37.
United Co.s Limited (TSE:UNC - Get Free Report) insider United Corporations Limited acquired 800 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The shares were bought at an average cost of C$13.49 per share, for a total transaction of C$10,792.00. Following the acquisition, the insider directly owned 800 shares in the company, valued at C$10,792. This represents a ∞ increase in their position.
United Corporations Limited also recently made the following trade(s):
- On Thursday, April 2nd, United Corporations Limited bought 900 shares of United Co.s stock. The stock was acquired at an average price of C$13.70 per share, for a total transaction of C$12,330.00.
- On Monday, April 6th, United Corporations Limited bought 200 shares of United Co.s stock. The stock was acquired at an average price of C$13.70 per share, for a total transaction of C$2,740.00.
- On Tuesday, April 7th, United Corporations Limited bought 300 shares of United Co.s stock. The stock was acquired at an average price of C$13.72 per share, for a total transaction of C$4,116.00.
- On Wednesday, April 8th, United Corporations Limited bought 1,000 shares of United Co.s stock. The stock was acquired at an average price of C$13.95 per share, for a total transaction of C$13,950.00.
- On Thursday, April 9th, United Corporations Limited bought 500 shares of United Co.s stock. The stock was acquired at an average price of C$13.85 per share, for a total transaction of C$6,925.00.
- On Friday, April 10th, United Corporations Limited bought 1,000 shares of United Co.s stock. The stock was acquired at an average price of C$14.23 per share, for a total transaction of C$14,230.00.
- On Monday, April 13th, United Corporations Limited bought 1,300 shares of United Co.s stock. The stock was acquired at an average price of C$14.30 per share, for a total transaction of C$18,590.00.
- On Wednesday, April 15th, United Corporations Limited bought 300 shares of United Co.s stock. The stock was acquired at an average price of C$14.50 per share, for a total transaction of C$4,350.00.
- On Thursday, April 16th, United Corporations Limited bought 1,300 shares of United Co.s stock. The stock was acquired at an average price of C$14.67 per share, for a total transaction of C$19,071.00.
- On Friday, April 17th, United Corporations Limited bought 900 shares of United Co.s stock. The stock was acquired at an average price of C$14.81 per share, for a total transaction of C$13,329.00.
United Co.s Trading Down 0.1%
Shares of United Co.s stock opened at C$14.43 on Tuesday. The firm has a market capitalization of C$1.62 billion, a PE ratio of 4.65 and a beta of 0.69. The business's 50-day moving average price is C$14.05 and its 200-day moving average price is C$14.52. United Co.s Limited has a 12 month low of C$12.50 and a 12 month high of C$16.37.
United Co.s (TSE:UNC - Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported C$0.05 EPS for the quarter. The firm had revenue of C($53.50) million for the quarter. United Co.s had a return on equity of 18.51% and a net margin of 305.92%.
Key Headlines Impacting United Co.s
Here are the key news stories impacting United Co.s this week:
- Positive Sentiment: United Corporations Limited disclosed a long series of share purchases in United Co.s Limited, including repeated buys on April 1 through April 30, signaling management/insider confidence in the stock’s valuation and future prospects.
- Positive Sentiment: The most recent disclosed purchase on April 30 added to the insider’s position at C$14.11 per share, reinforcing the view that insiders were willing to keep buying even after the stock had already moved above earlier purchase levels.
- Neutral Sentiment: United Co.s previously reported quarterly EPS of C$0.05, with strong profitability metrics and a low P/E ratio, which may also be supporting investor sentiment but is not new today.
About United Co.s
(
Get Free Report)
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.
Further Reading
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