Connecticut Light & Power Co. (The) (CNLHN.PK)

Connecticut-based Connecticut Light & Power Co (The) is in the business of Electric Services. It currently trades under the stock symbol CNLHN.PK on the Pink Sheets. We advise caution because most investors end up with losses after investing in Pink Sheet stocks.

360 employees work for the company. The mid sized number of employees may enable this company to engage in several business activities. But it will come at a cost which if not executed properly can quickly drain resources. You should consider the risks related to a workforce of this size, when you evaluate this stock.

The share price of the company reached $25.00 on Jan 2, 2009. The share price is currently 33.33 % lower than its 52 week high of $37.50. A share price above $10.00 is high for a Pink Sheets company. We would advise investors to look into the possible reasons for this. The stock is hitting new 52 week lows. Counter-trend investors might find this an opportunity to buy some of it. But such an approach may not always be successful. Investor interest in this stock varies. Although there is heavy trading from time to time, there is still room for market manipulation.