William Blair Upgrades Waste Connections (TSE:WCN) to Strong-Buy

Waste Connections (TSE:WCN) was upgraded by equities research analysts at William Blair to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Waste Connections Price Performance

Shares of WCN stock opened at C$266.45 on Thursday. The business has a fifty day simple moving average of C$270.46 and a 200 day simple moving average of C$258.75. Waste Connections has a twelve month low of C$219.62 and a twelve month high of C$284.73. 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 company has a market cap of C$48.43 billion, a P/E ratio of 51.50, a P/E/G ratio of 2.22 and a beta of 0.72.

Insider Transactions at Waste Connections

In other news, Senior Officer James M. Little sold 4,200 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of C$274.59, for a total value of C$1,153,266.71. Also, Senior Officer Darrell W. Chambliss sold 13,566 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of C$271.15, for a total transaction of C$3,678,448.03. Insiders sold a total of 22,766 shares of company stock worth $6,185,495 over the last three months. 0.21% of the stock is owned by company 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.