ATCO Ltd. (TSE:ACO.X - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$48.04 and traded as high as C$50.48. ATCO shares last traded at C$50.14, with a volume of 74,696 shares traded.
Analysts Set New Price Targets
A number of equities analysts have recently commented on ACO.X shares. Scotiabank raised their price objective on shares of ATCO from C$49.00 to C$51.00 and gave the company a "sector perform" rating in a research report on Thursday, February 13th. CIBC raised their price objective on shares of ATCO from C$59.00 to C$62.00 in a research report on Friday, April 4th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, ATCO has an average rating of "Hold" and an average target price of C$52.30.
Get Our Latest Stock Analysis on ACO.X
ATCO Trading Up 0.5 %
The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48. The firm's 50 day moving average is C$48.83 and its 200 day moving average is C$48.10. The company has a market capitalization of C$5.03 billion, a PE ratio of 14.75, a P/E/G ratio of 3.80 and a beta of 0.74.
Insider Activity at ATCO
In other ATCO news, Senior Officer James Landon sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of C$49.80, for a total transaction of C$49,800.00. Insiders have sold a total of 2,100 shares of company stock worth $103,044 over the last quarter. Corporate insiders own 0.61% of the company's stock.
ATCO Company Profile
(
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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.
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