Alimentation Couche-Tard (OTCMKTS:ANCTF) Shares Pass Below 200 Day Moving Average – Time to Sell?

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $56.39 and traded as low as $52.86. Alimentation Couche-Tard shares last traded at $52.92, with a volume of 41,548 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Scotiabank raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a report on Friday, December 20th. UBS Group raised Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 13th.

View Our Latest Analysis on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Up 0.6 %

The business has a 50 day moving average of $55.82 and a two-hundred day moving average of $56.37.

About Alimentation Couche-Tard

(Get Free Report)

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.

Further Reading

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