Insider Buying: United Co.s (TSE:UNC) Insider Buys C$15,000.00 in Stock

United Co.s Limited (TSE:UNC) insider United Corporations Limited purchased 1,000 shares of United Co.s stock in a transaction dated Monday, June 29th. The stock was bought at an average price of C$15.00 per share, with a total value of C$15,000.00. Following the acquisition, the insider directly owned 8,400 shares of the company’s stock, valued at approximately C$126,000. This trade represents a 13.51% increase in their ownership of the stock.

United Corporations Limited also recently made the following trade(s):

• On Thursday, June 25th, United Corporations Limited acquired 400 shares of United Co.s stock. The shares were bought at an average price of C$15.33 per share, for a total transaction of C$6,132.00.
• On Tuesday, June 30th, United Corporations Limited acquired 400 shares of United Co.s stock. The shares were bought at an average price of C$15.24 per share, for a total transaction of C$6,096.00.
• On Friday, May 29th, United Corporations Limited acquired 200 shares of United Co.s stock. The stock was bought at an average cost of C$15.11 per share, for a total transaction of C$3,022.00.
• On Wednesday, April 8th, United Corporations Limited bought 1,000 shares of United Co.s stock. The stock was bought at an average cost of C$13.95 per share, with a total value of C$13,950.00.
• On Thursday, April 9th, United Corporations Limited bought 500 shares of United Co.s stock. The stock was bought at an average cost of C$13.85 per share, with a total value of C$6,925.00.
• On Friday, April 10th, United Corporations Limited bought 1,000 shares of United Co.s stock. The shares were purchased at an average price of C$14.23 per share, with a total value of C$14,230.00.
• On Monday, April 13th, United Corporations Limited purchased 1,300 shares of United Co.s stock. The stock was purchased at an average cost of C$14.30 per share, for a total transaction of C$18,590.00.
• On Wednesday, April 15th, United Corporations Limited purchased 300 shares of United Co.s stock. The stock was purchased at an average cost of C$14.50 per share, for a total transaction of C$4,350.00.
• On Thursday, April 16th, United Corporations Limited purchased 1,300 shares of United Co.s stock. The stock was purchased at an average price of C$14.67 per share, for a total transaction of C$19,071.00.
• On Friday, April 17th, United Corporations Limited acquired 900 shares of United Co.s stock. The shares were purchased at an average cost of C$14.81 per share, with a total value of C$13,329.00.

United Co.s Price Performance

UNC stock opened at C$15.15 on Friday. The stock has a market capitalization of C$1.70 billion, a P/E ratio of 4.89 and a beta of 0.78. United Co.s Limited has a fifty-two week low of C$13.23 and a fifty-two week high of C$16.37. The business has a 50-day moving average of C$14.94 and a 200-day moving average of C$14.74.

United Co.s (TSE:UNC) last announced its earnings results on Friday, May 8th. The company reported C$0.05 earnings per share (EPS) for the quarter. United Co.s had a return on equity of 18.51% and a net margin of 305.92%.The business had revenue of C($53.50) million for the quarter.

About United Co.s

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.