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ATCO (TSE:ACO.Y) Stock Crosses Above Fifty Day Moving Average - What's Next?

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$51.25 and traded as high as C$53.00. ATCO shares last traded at C$53.00, with a volume of 1,100 shares changing hands.

ATCO Price Performance

The company has a 50-day moving average of C$51.48 and a two-hundred day moving average of C$50.02. 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 stock has a market capitalization of C$658.79 million, a PE ratio of 15.50 and a beta of 0.74.

About ATCO

(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.

Further Reading

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