ATCO (TSE:ACO.Y) Sets New 1-Year High – What’s Next?

ATCO Ltd. (TSE:ACO.YGet Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$60.50 and last traded at C$60.50, with a volume of 149 shares changing hands. The stock had previously closed at C$60.50.

ATCO Price Performance

The firm has a 50 day simple moving average of C$52.03 and a two-hundred day simple moving average of C$52.16. The company has a market capitalization of C$6.81 billion, a PE ratio of 15.47 and a beta of 0.67. The company has a current ratio of 1.42, a quick ratio of 1.48 and a debt-to-equity ratio of 131.63.

ATCO Company Profile

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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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