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ATCO (TSE:ACO.Y) Shares Up 2.9% - Time to Buy?

ATCO logo with Utilities background

ATCO Ltd. (TSE:ACO.Y - Get Free Report) shares traded up 2.9% during mid-day trading on Wednesday . The stock traded as high as C$49.50 and last traded at C$49.50. 100 shares traded hands during trading, a decline of 72% from the average session volume of 363 shares. The stock had previously closed at C$48.10.

ATCO Price Performance

The company's 50 day simple moving average is C$48.92 and its 200-day simple moving average is C$47.88. 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 firm has a market cap of C$615.29 million, a P/E ratio of 14.47 and a beta of 0.74.

About ATCO

(Get Free Report)

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.

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