Canadian Utilities Stocks under Review: Hydro One, Fortis, Brookfield Infrastructure Partners, and Canadian Utilities
LONDON, UK / ACCESSWIRE / July 28, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Utilities - Regulated industry that trades on the Toronto Exchanges. This morning, our team has regrouped these stocks for study: Hydro One, Fortis, Brookfield Infrastructure Partners, and Canadian Utilities. Register for these free reports at: http://protraderdaily.com/register/.
On Thursday, July 27, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,191.36, 0.13% higher, with a total volume of 301,749,962 shares.
Additionally, the Utilities index was slightly down by 0.02%, ending the session at 249.20.
Pro-Trader Daily's complimentary research reports on the following stocks are now available: Hydro One Ltd. (TSX: H), Fortis Inc. (TSX: FTS), Brookfield Infrastructure Partners L.P. (TSX: BIP-UN), and Canadian Utilities Ltd. (TSX: CU). Sign up now for your free membership and research reports at: http://protraderdaily.com/register/.
Hydro One Ltd. (TSX: H)
Toronto, Canada headquartered Hydro One Ltd's stock edged 0.22% lower, to finish Thursday's session at $22.43, with a total volume of 653,576 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages. Hydro One's 200-day moving average of $23.60 is above its 50-day moving average of $23.00. Shares of the Company, which, through its subsidiaries, operates as an electrical transmission and distribution utility in Ontario, are trading at a PE ratio of 19.68. See our research report on H.TO at: http://protraderdaily.com/optin/?symbol=H.
Fortis Inc. (TSX: FTS)
On Thursday, shares in St. John's, Canada headquartered Fortis Inc. recorded a trading volume of 657,542 shares. The stock ended the day 0.36% higher at $44.67. Fortis' stock has advanced 0.56% in the last three months and 3.28% in the previous one year. The Company's shares are trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $45.21 is above its 200-day moving average of $43.71. Shares of the Company, which operates as an electric and gas utility company in Canada, the US, and the Caribbean, are trading at a PE ratio of 21.25. The complimentary research report on FTS.TO is at: http://protraderdaily.com/optin/?symbol=FTS.
Brookfield Infrastructure Partners L.P. (TSX: BIP-UN)
On Thursday, shares in Hamilton, Bermuda-based Brookfield Infrastructure Partners L.P. ended the session 0.14% higher at $50.70, with a total volume of 89,176 shares traded. Brookfield Infrastructure Partners' shares have has gained 23.86% in the past one year. The stock is trading below its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $52.54 is greater than its 200-day moving average of $50.80. Shares of Brookfield Infrastructure Partners, which engages in utility, transport, energy, and communications infrastructure businesses, are trading at PE ratio of 55.59. Register for free and access the latest research report on BIP-UN.TO at: http://protraderdaily.com/optin/?symbol=BIP.UN.
Canadian Utilities Ltd. (TSX: CU)
Calgary, Canada headquartered Canadian Utilities Ltd.'s stock closed the day 0.10% lower at $41.46. The stock recorded a trading volume of 175,902 shares. Canadian Utilities' shares have advanced 5.36% in the last three months and 3.16% in the past one year. The Company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $41.36 is greater than its 200-day moving average of $39.08. Shares of the Company, which engages in the electricity, and pipelines and liquids businesses, are trading at a PE ratio of 18.84. Get free access to your research report on CU.TO at: http://protraderdaily.com/optin/?symbol=CU.
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