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ATCO (TSE:ACO.Y) Sets New 12-Month High - What's Next?

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$54.00 and last traded at C$53.25, with a volume of 1600 shares changing hands. The stock had previously closed at C$53.00.

ATCO Stock Up 1.5%

The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63. The company has a market capitalization of C$671.22 million, a price-to-earnings ratio of 15.79 and a beta of 0.74. The stock's fifty day moving average price is C$51.69 and its 200-day moving average price is C$50.11.

ATCO Company Profile

(Get Free Report)

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.

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