Canadian Utilities (OTCMKTS:CDUAF) Shares Cross Above 50-Day Moving Average – Here’s Why

Canadian Utilities Limited (OTCMKTS:CDUAF)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $26.89 and traded as high as $27.36. Canadian Utilities shares last traded at $27.31, with a volume of 812 shares trading hands.

Canadian Utilities Price Performance

The firm has a fifty day moving average of $26.89 and a 200-day moving average of $25.27.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.