ATCO (TSE:ACO.Y) Share Price Passes Above Fifty Day Moving Average – What’s Next?

ATCO Ltd. (TSE:ACO.YGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . 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 Stock Performance

The business’s fifty day moving average price is C$60.00 and its two-hundred day moving average price is C$60.00. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42. The stock has a market capitalization of C$6.73 billion, a P/E ratio of 15.67 and a beta of 0.69.

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

See Also

Receive News & Ratings for ATCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATCO and related companies with MarketBeat.com's FREE daily email newsletter.