Hydro One Limited (OTCMKTS:HRNNF – Get Free Report) rose 1.5% during mid-day trading on Friday . The company traded as high as $36.33 and last traded at $35.73. Approximately 9,406 shares changed hands during trading, a decline of 47% from the average daily volume of 17,885 shares. The stock had previously closed at $35.20.
Wall Street Analysts Forecast Growth
Separately, Desjardins assumed coverage on shares of Hydro One in a research note on Monday, May 5th. They issued a “buy” rating for the company.
View Our Latest Report on Hydro One
Hydro One Stock Up 1.5%
About Hydro One
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.
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