ATCO Ltd. (TSE:ACO.X - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$50.72 and last traded at C$50.67, with a volume of 28927 shares traded. The stock had previously closed at C$50.41.
Analyst Ratings Changes
ACO.X has been the subject of a number of recent analyst reports. Scotiabank lifted their price target on ATCO from C$49.00 to C$51.00 and gave the stock a "sector perform" rating in a report on Thursday, February 13th. CIBC increased their price target on shares of ATCO from C$59.00 to C$62.00 in a research note on Friday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, ATCO has an average rating of "Hold" and a consensus price target of C$52.30.
Get Our Latest Stock Analysis on ACO.X
ATCO Stock Performance
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's 50 day moving average price is C$47.97 and its two-hundred day moving average price is C$47.77. The firm has a market capitalization of C$4.86 billion, a PE ratio of 14.24, a PEG ratio of 3.80 and a beta of 0.74.
Insider Transactions at ATCO
In related news, Senior Officer James Landon sold 1,000 shares of the company's stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of C$49.80, for a total transaction of C$49,800.00. Insiders sold a total of 2,100 shares of company stock valued at $103,044 over the last three months. 0.61% of the stock is currently owned by insiders.
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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