ATCO Ltd. (TSE:ACO.X - Get Free Report) Senior Officer James Landon sold 1,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of C$49.80, for a total value of C$49,800.00.
ATCO Trading Up 1.8 %
Shares of ACO.X stock traded up C$0.89 on Friday, reaching C$49.94. 295,374 shares of the company's stock were exchanged, compared to its average volume of 242,767. The company's fifty day simple moving average is C$47.62 and its 200 day simple moving average is C$47.59. ATCO Ltd. has a 52 week low of C$35.56 and a 52 week high of C$50.67. The company has a current ratio of 1.42, a quick ratio of 1.48 and a debt-to-equity ratio of 131.63. The stock has a market capitalization of C$4.98 billion, a PE ratio of 14.60, a P/E/G ratio of 3.80 and a beta of 0.74.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on ACO.X shares. Scotiabank raised their price objective on ATCO from C$49.00 to C$51.00 and gave the company a "sector perform" rating in a research report on Thursday, February 13th. CIBC raised their price target on ATCO from C$58.00 to C$59.00 in a report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$51.70.
View Our Latest Report on ACO.X
About ATCO
(
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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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