Waste Connections (TSE:WCN) Hits New 12-Month High – Should You Buy?

Waste Connections, Inc. (TSE:WCN)’s stock price hit a new 52-week high on Friday . The company traded as high as C$274.52 and last traded at C$274.36, with a volume of 451073 shares traded. The stock had previously closed at C$269.07.

Waste Connections Price Performance

The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69. The business has a 50-day moving average price of C$259.77 and a two-hundred day moving average price of C$254.77. The company has a market capitalization of C$49.87 billion, a price-to-earnings ratio of 53.03, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72.

Insider Transactions at Waste Connections

In related news, Senior Officer Philip Rivard sold 5,000 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of C$270.76, for a total value of C$1,353,780.29. Following the completion of the sale, the insider now directly owns 62 shares of the company’s stock, valued at approximately C$16,786.88. This represents a 98.78 % decrease in their position. 0.21% of the stock is owned by insiders.

About Waste Connections

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.