Canadian Utilities Limited (OTCMKTS:CDUAF – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $36.11 and traded as high as $36.6673. Canadian Utilities shares last traded at $36.6673, with a volume of 3,280 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on CDUAF shares. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research report on Friday, May 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research report on Monday, April 20th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Get Our Latest Analysis on CDUAF
Canadian Utilities Stock Performance
About Canadian Utilities
Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.
In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.
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