Today’s Research Reports on Canadian Utilities, Hydro One, Enbridge Income Fund and TransAlta

NEW YORK, NY / ACCESSWIRE / June 8, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

Canadian Utilities Ltd.
https://rdinvesting.com/news/?ticker=CU.TO

Hydro One Ltd.
https://rdinvesting.com/news/?ticker=H.TO

Enbridge Income Fund Holdings Inc.
https://rdinvesting.com/news/?ticker=ENF.TO

TransAlta Corporation
https://rdinvesting.com/news/?ticker=TA.TO

Canadian Utilities’ stock edged 0.84% higher Thursday, to close the day at $31.25. The stock recorded a trading volume of 203,851 shares, which was below its three months average volume of 237,362 shares. In the last year, Canadian Utilities’ shares have traded in a range of 30.80 – 42.44. The stock is currently trading 26.37% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $32.41 is below its 200-day moving average of $34.97. Shares of the company are trading at a Price to Earnings ratio of 20.29. Shares of Canadian Utilities have fallen approximately 16.47 percent year-to-date.

Access RDI’s Canadian Utilities Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=CU.TO

On Thursday, shares of Hydro One recorded a trading volume of 858,249 shares, which was above the three months average volume of 731,229 shares. The stock ended the day 0.15% higher at 19.49. The stock is currently trading 18.18% below its 52-week high with a 52-week trading range of 18.93 – 23.82. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $19.95 is below its 200-day moving average of $21.18. Shares of Hydro One are trading at a Price to Earnings ratio of 17.72. Shares of Hydro One have fallen approximately 12.99 percent year-to-date.

Access RDI’s Hydro One Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=H.TO

Enbridge Income Fund’s stock moved 1.12% higher Thursday, to close the day at $28.87. The stock recorded a trading volume of 395,626 shares, which was below its three months average volume of 525,468 shares. In the last year, Enbridge Income Fund’s shares have traded in a range of 26.36 – 32.66. The stock is currently trading 11.60% below its 52 week high. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $28.15 is below its 200-day moving average of $28.39. Shares of the company are trading at a Price to Earnings ratio of 19.14. Shares of Enbridge Income Fund have fallen approximately 3.15 percent year-to-date.

Access RDI’s Enbridge Income Fund Holdings Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ENF.TO

On Thursday, shares of TransAlta recorded a trading volume of 190,080 shares, which was below the three months average volume of 519,034 shares. The stock ended the day flat at 6.60. The stock is currently trading 22.35% below its 52-week high with a 52-week trading range of 6.31 – 8.50. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $6.75 is below its 200-day moving average of $7.04. Shares of TransAlta have fallen approximately 11.41 percent year-to-date.

Access RDI’s TransAlta Corporation Research Report at:
https://rdinvesting.com/news/?ticker=TA.TO

Our Actionable Research on Canadian Utilities Ltd. (TSX:CU.TO), Hydro One Ltd. (TSX:H.TO), Enbridge Income Fund Holdings Inc. (TSX:ENF.TO) and TransAlta Corporation (TSX:TA.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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