Emera Inc (TSE:EMA) insider Scott Carlyle Balfour acquired 6,250 shares of the company’s stock in a transaction on Wednesday, February 14th. The shares were purchased at an average cost of C$39.99 per share, with a total value of C$249,937.50.
Shares of Emera Inc (EMA) traded up C$0.34 on Thursday, hitting C$40.03. 485,749 shares of the stock were exchanged, compared to its average volume of 854,924. The stock has a market capitalization of $9,060.00, a price-to-earnings ratio of 14.49 and a beta of -0.01. Emera Inc has a 1 year low of C$39.08 and a 1 year high of C$49.48.
Emera (TSE:EMA) last issued its earnings results on Tuesday, November 14th. The company reported C$0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.74 by C($0.19). The company had revenue of C$1.43 billion for the quarter, compared to analysts’ expectations of C$1.55 billion. Emera had a net margin of 6.94% and a return on equity of 5.43%.
ILLEGAL ACTIVITY WARNING: This piece was originally published by Week Herald and is the property of of Week Herald. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://weekherald.com/2018/02/15/insider-buying-emera-inc-ema-insider-acquires-6250-shares-of-stock.html.
Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other.
Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.