ATCO Ltd. (TSE:ACO.X - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$47.87 and traded as high as C$48.69. ATCO shares last traded at C$48.57, with a volume of 133,467 shares changing hands.
Analysts Set New Price Targets
ACO.X has been the topic of several research analyst reports. CIBC increased their price objective on ATCO from C$59.00 to C$62.00 in a research note on Friday, April 4th. Scotiabank lifted their target price on shares of ATCO from C$49.00 to C$51.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, ATCO presently has a consensus rating of "Hold" and an average target price of C$52.30.
View Our Latest Research Report on ACO.X
ATCO Stock Up 0.1 %
The firm has a 50-day moving average price of C$48.36 and a two-hundred day moving average price of C$47.93. 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 firm has a market cap of C$4.99 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 3.80 and a beta of 0.74.
Insiders Place Their Bets
In related news, Senior Officer James Landon sold 1,000 shares of the firm'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. In the last ninety days, insiders sold 2,100 shares of company stock valued at $103,044. 0.61% of the stock is owned by company insiders.
ATCO Company Profile
(
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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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