Algo version: 0.98b
The Connecticut Light and is listed at the OTC Exchange
The Connecticut Light and [CNLHO]
OTC Sector: Utilities Industry:Utilities—Regulated Electric

Is The Connecticut Light and stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, The Connecticut Light and pays dividends. Last time was Thursday 1st of August 2024 where the investors holding the stock on Wednesday 10th of July 2024 were paid $0.5625 per share. Over the last 60 times between 2009 and 2024, The Connecticut Light and has paid $33.75 with an average of $0.56 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for The Connecticut Light and 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $49.25, you would have made a loss of $-11.00 per share or -22.34%

No, the average daily trading liquidity for The Connecticut Light and is $70 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

The Connecticut Light and has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.07, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for The Connecticut Light and to be high [0.75 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.