ATCO (TSE:ACO.Y) Shares Cross Above 50-Day Moving Average – Here’s What Happened

ATCO Ltd. (TSE:ACO.YGet Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$60.00 and traded as high as C$60.00. ATCO shares last traded at C$60.00, with a volume of 100 shares traded.

ATCO Price Performance

The company has a market capitalization of C$6.73 billion, a PE ratio of 15.67 and a beta of 0.69. 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 firm’s 50-day moving average is C$60.00 and its 200-day moving average is C$57.14.

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. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.

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