ATCO Ltd. (TSE:ACO.X) Senior Officer James Landon Sells 1,000 Shares

ATCO Ltd. (TSE:ACO.X) Senior Officer James Landon sold 1,000 shares of ATCO stock in a transaction that occurred on 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 Stock Performance

TSE ACO.X opened at C$49.30 on Thursday. ATCO Ltd. has a 1-year low of C$35.56 and a 1-year high of C$50.67. The company has a 50 day moving average of C$47.53 and a 200-day moving average of C$47.53. 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$4.92 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 3.80 and a beta of 0.74.

Wall Street Analyst Weigh In

ACO.X has been the subject of several research reports. Scotiabank raised their target price on ATCO from C$49.00 to C$51.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. CIBC lifted their target price on shares of ATCO from C$58.00 to C$59.00 in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$51.70.

ATCO Company Profile

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.