ATCO (TSE:ACO.Y) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

ATCO Ltd. (TSE:ACO.YGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$60.00 and traded as low as C$60.00. ATCO shares last traded at C$60.00, with a volume of 100 shares changing hands.

ATCO Trading Down 0.9%

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

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.

Featured Articles

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.