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

The company lists its shares on the Pink Sheets and the OTCBB under the symbols CNLPM.PK and CNLPM.OB, respectively. Connecticut Light & Power Co (The) is located in Connecticut and its business is Electric Services. Due to their very nature, Pink Sheet stocks are risky. Because the shares are quoted on two exchanges, it is possible that this company may have some of the exchange risks on the pink sheets mitigated.

360 employees work for the company. The company should have enough employees to implement their ongoing business plan. But the cost of all of these people is not cheap. You should give important consideration with regard to the number of people at the company, when you are evaluating an investment opportunity.

On Dec 30, 2009 the company's share price was $29.00. The company's share price is 26.11 % lower than its 52 week high of $39.25 at present. 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 price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock appears to be trading at pretty low volumes, making it less attractive to traders, as the price could be highly volatile.