Power Co. of Canada (OTCMKTS:PWCDF) Stock Price Up 0.2% – Time to Buy?

Power Co. of Canada (OTCMKTS:PWCDF) shares shot up 0.2% during trading on Tuesday . The company traded as high as $41.03 and last traded at $39.02. 43,830 shares traded hands during trading, a decline of 44% from the average session volume of 78,335 shares. The stock had previously closed at $38.95.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PWCDF. TD Securities reaffirmed a “buy” rating on shares of Power Co. of Canada in a research report on Wednesday, May 14th. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Wednesday, May 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Power Co. of Canada in a research report on Tuesday, May 13th.

Power Co. of Canada Price Performance

The company’s 50-day simple moving average is $37.92 and its 200 day simple moving average is $35.06.

Power Co. of Canada Company Profile

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.