WCN Trading Volume Surges 110% to Rank 407th in Market Activity as Shares Dip 0.2%

On August 20, 2025, Waste Connections (WCN) closed down 0.20% at $185.80, with a daily trading volume of $250 million—surging 110% from the prior day and ranking 407th in market activity. The stock’s 52-week range of $169.36–$201.66 highlights its recent consolidation after a 12-month gain of 2.49%, lagging behind the S&P 500’s 14.27% return. WCN’s market cap of $47.77 billion reflects its dominance in North American non-hazardous waste management, with operations spanning residential, commercial, and industrial waste services, including E&P waste treatment and intermodal transport solutions.

Recent corporate data underscores WCN’s focus on operational efficiency. The company reported a trailing P/E ratio of 75.07 and a 6.97% profit margin, supported by $9.23 billion in trailing revenue. Its levered free cash flow of $863.77 million and 4.01% return on assets indicate robust cash generation despite a high debt-to-equity ratio of 103.93%. Analysts note the stock’s beta of 0.57 suggests lower volatility compared to the market, though its 1.81% 12-month gain remains modest against broader market trends.

A backtest of a strategy buying the top 500 volume-driven stocks and holding for one day from 2022 to present yielded a total profit of $2,385.14, reflecting moderate returns with intermittent fluctuations. This aligns with WCN’s recent trading pattern, where volume spikes have not consistently translated to directional price momentum, underscoring market skepticism about near-term catalysts in the waste management sector.