ATCO Ltd. (TSE:ACO.Y – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$60.00 and traded as high as C$60.00. ATCO shares last traded at C$60.00, with a volume of 100 shares changing hands.
ATCO Stock Down 0.9%
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 company has a market capitalization of C$6.73 billion, a price-to-earnings ratio of 15.67 and a beta of 0.69. The firm’s 50 day simple moving average is C$60.00 and its 200-day simple moving average is C$60.00.
About ATCO
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. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.
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