Sustainability Stocks Lose Steam: Ubika Sustainability Report Update

The Ubika Sustainability 20 Index (US20) slipped 6% since our last report but good natured Products Inc. (TSXV:GDNP) continues to outperform

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The Ubika Sustainability 20 Index (US20) slipped 6% since our last report dated March 12, 2018, outperforming the TSX-V and underperforming Dow Jones Sustainability North America 40 indices, which declined 7% and 4%, respectively, over the same period.

Notable performers for this report include:

  1. Carmanah Technologies (TSX:CMH), which climbed 15% with the release of its Q1 earnings.
  2. Boralex Inc. (TSX:BLX), which rose 5% with the acquisition of Kallista Energy and extension of its debt facilities.
  3. Eguana Technologies (TSXV:EGT), which fell 15% following the release of a customer’s product that contained EGT components.

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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