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ATCO (TSE:ACO.Y) Shares Cross Below 50 Day Moving Average - Should You Sell?

ATCO logo with Utilities background

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Shares of ATCO Ltd. (TSE:ACO.Y - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$52.25 and traded as low as C$52.00. ATCO shares last traded at C$52.00, with a volume of 601 shares traded.

ATCO Trading Down 3.3%

The business's 50-day simple moving average is C$52.25 and its two-hundred day simple moving average is C$51.30. The firm has a market capitalization of C$636.04 million, a price-to-earnings ratio of 14.96 and a beta of 0.74. The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63.

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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