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

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$52.43 and traded as low as C$52.10. ATCO shares last traded at C$52.10, with a volume of 100 shares changing hands.

ATCO Price Performance

The firm has a market cap of C$647.60 million, a P/E ratio of 15.23 and a beta of 0.74. The firm's fifty day simple moving average is C$52.43 and its 200 day simple moving average is C$50.48. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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