ATCO (TSE:ACO.Y) Stock Price Down 2% – What’s Next?

ATCO Ltd. (TSE:ACO.YGet Free Report) was down 2% on Wednesday . The company traded as low as C$50.00 and last traded at C$50.00. Approximately 500 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 2,121 shares. The stock had previously closed at C$51.00.

ATCO Stock Performance

The stock has a fifty day simple moving average of C$48.73 and a 200-day simple moving average of C$44.99. The stock has a market cap of C$621.50 million, a P/E ratio of 14.62 and a beta of 0.74. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42.

ATCO Company Profile

(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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