ATCO Ltd. (TSE:ACO.X) Insider Acquires C$19,304.00 in Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. bought 400 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of C$48.26 per share, for a total transaction of C$19,304.00.

ATCO Trading Down 0.5 %

ATCO stock opened at C$48.00 on Monday. The stock has a market cap of C$4.79 billion, a P/E ratio of 14.04, a PEG ratio of 3.80 and a beta of 0.74. The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48. ATCO Ltd. has a 1 year low of C$35.56 and a 1 year high of C$50.67. The firm’s 50 day moving average price is C$47.20 and its 200-day moving average price is C$47.33.

Wall Street Analysts Forecast Growth

ACO.X has been the topic of a number of recent analyst reports. CIBC raised their target price on shares of ATCO from C$58.00 to C$59.00 in a research note on Friday, February 28th. Scotiabank raised 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 analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price 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.