Canadian Utilities (OTCMKTS:CDUAF) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Canadian Utilities Limited (OTCMKTS:CDUAF) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $29.67 and traded as high as $30.89. Canadian Utilities shares last traded at $30.89, with a volume of 307 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CDUAF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research report on Monday, November 10th. National Bankshares reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Monday, November 10th. BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research report on Monday, November 10th. Finally, CIBC restated a “neutral” rating on shares of Canadian Utilities in a research note on Tuesday, October 21st. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Canadian Utilities Trading Down 0.0%

The company’s 50 day moving average is $29.67 and its 200-day moving average is $28.42.

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.