Hydro One Ltd (OTCMKTS:HRNNF) fell 0.6% during trading on Friday . The company traded as low as $18.26 and last traded at $18.26, 424 shares were traded during trading. A decline of 92% from the average session volume of 5,623 shares. The stock had previously closed at $18.36.
Separately, Credit Suisse Group upgraded Hydro One from a “neutral” rating to an “outperform” rating in a research report on Monday, August 19th.
The stock has a 50-day simple moving average of $18.06 and a 200 day simple moving average of $16.81.
Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission network and 123,000 circuit kilometers of low-voltage distribution network; and 308 transmission stations.
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