ATCO (TSE:ACO.Y) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Key Points

• ATCO Ltd.'s share price has recently surpassed its fifty-day moving average of C$52.23, reaching a high of C$52.76 during trading.
• The company has a market capitalization of C$646.24 million and a price-to-earnings ratio of 15.20, indicating a stable financial position.
• ATCO is primarily involved in gas, electric, and infrastructure solutions, with its largest subsidiary focusing on utilities and logistical services.

ATCO Ltd. (TSE:ACO.Y - )'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$52.23 and traded as high as C$52.76. ATCO shares last traded at C$51.99, with a volume of 3,000 shares.

ATCO Trading Down 0.0%

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 company has a market cap of C$646.24 million, a price-to-earnings ratio of 15.20 and a beta of 0.74. The business has a 50 day simple moving average of C$52.23 and a 200 day simple moving average of C$51.41.

About ATCO

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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