ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Purchases 7,407 Shares

ATCO Ltd. (TSE:ACO.X - Get Free Report) insider Sentgraf Enterprises Ltd. bought 7,407 shares of the business's stock in a transaction dated Monday, June 9th. The stock was acquired at an average cost of C$50.55 per share, for a total transaction of C$374,423.85.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Thursday, March 13th, Sentgraf Enterprises Ltd. purchased 400 shares of ATCO stock. The shares were bought at an average cost of C$48.26 per share, for a total transaction of C$19,304.00.

ATCO Trading Up 0.9%

TSE ACO.X traded up C$0.46 during mid-day trading on Friday, reaching C$51.99. 227,054 shares of the stock were exchanged, compared to its average volume of 213,622. The stock has a market capitalization of C$5.18 billion, a PE ratio of 15.20, a PEG ratio of 3.80 and a beta of 0.74. The business's fifty day simple moving average is C$50.54 and its 200 day simple moving average is C$48.78. ATCO Ltd. has a 1-year low of C$38.13 and a 1-year high of C$52.48. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Scotiabank raised their target price on shares of ATCO from C$49.00 to C$51.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Royal Bank of Canada lifted their price objective on ATCO from C$51.00 to C$53.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. Finally, CIBC increased their target price on ATCO from C$59.00 to C$62.00 in a research note on Friday, April 4th.

ATCO Company Profile

Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco's primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other.