Unitil - Chart Of The Day

The Chart of the Day belongs to Unitil (NYSE:UTL). I found the utility holding stock by using Barchart to sort the All Time High list first for the highest technical buy signals, then I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 12/23 the sock gained 10.64%

Unitil Corporation is a registered public utility holding company and the parent company of the Unitil System.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% Technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 10.79% in the last month
  • Relative Strength Index 68.68%
  • Technical support level at 38.99
  • Recently traded at 39.83 with a 50 day moving average of 37.70

Fundamental factors:

  • Market Cap $556.82 million
  • P/E 21.14
  • Dividend Yield 3.50%
  • Revenue expected to grow 6.20% this year and another 4.90% next year
  • Earnings estimated to increase 1.60% this year, an additional 6.30% next year and continue to compound at an annual rate of 4.48% for the next 5 years
  • Wall Street analysts issued 2 holds

On a trading stock so hold and long as revenue and earnings support the dividend.

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.