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ATCO (TSE:ACO.Y) Stock Price Passes Below 50 Day Moving Average - Here's What Happened

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$52.46 and traded as low as C$51.02. ATCO shares last traded at C$51.02, with a volume of 300 shares.

ATCO Stock Performance

The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42. The business's fifty day simple moving average is C$52.46 and its 200-day simple moving average is C$50.60. The firm has a market capitalization of C$634.18 million, a PE ratio of 14.92 and a beta of 0.74.

About ATCO

(Get Free Report)

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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