Insider Selling: Canadian Utilities Limited (CU) Director Sells C$77,820.00 in Stock

Canadian Utilities Limited (TSE:CU) Director George J. Lidgett sold 2,000 shares of Canadian Utilities stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of C$38.91, for a total transaction of C$77,820.00.

Shares of Canadian Utilities Limited (CU) traded up C$0.03 during mid-day trading on Friday, hitting C$38.83. 111,800 shares of the company were exchanged, compared to its average volume of 232,397. Canadian Utilities Limited has a 52-week low of C$35.14 and a 52-week high of C$42.44.

Separately, Royal Bank Of Canada dropped their price objective on shares of Canadian Utilities from C$41.00 to C$40.00 and set a “sector perform” rating for the company in a report on Friday, October 27th.

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About Canadian Utilities

Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).

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