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ATCO (TSE:ACO.Y) Shares Cross Above Fifty Day Moving Average - Here's Why

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$52.08 and traded as high as C$52.11. ATCO shares last traded at C$52.11, with a volume of 100 shares.

ATCO Trading Up 0.3%

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 cap of C$654.44 million, a P/E ratio of 15.39 and a beta of 0.74. The firm's 50 day moving average is C$52.14 and its two-hundred day moving average is C$50.36.

ATCO Company Profile

(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.

Further Reading

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