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ATCO (TSE:ACO.Y) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

ATCO logo with Utilities background

Key Points

  • ATCO Ltd.'s stock price fell below its two hundred day moving average of C$51.48, reaching a low of C$50.51 during trading.
  • The company's market capitalization is C$5.68 billion with a price-to-earnings ratio of 12.92.
  • ATCO primarily operates in gas, electric, and infrastructure solutions, with its largest subsidiary focusing on utilities services.
  • Five stocks to consider instead of ATCO.

ATCO Ltd. (TSE:ACO.Y - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$51.48 and traded as low as C$50.51. ATCO shares last traded at C$50.51, with a volume of 5,900 shares.

ATCO Price Performance

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 firm's 50 day moving average is C$51.84 and its 200 day moving average is C$51.52. The firm has a market cap of C$5.68 billion, a P/E ratio of 12.92 and a beta of 0.78.

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.

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