ATCO (TSE:ACO.Y) Stock Price Down 2% – Here’s Why

by · The Cerbat Gem

ATCO Ltd. (TSE:ACO.Y – Get Free Report)’s share price traded down 2% on Wednesday . The stock traded as low as C$50.00 and last traded at C$50.00. 500 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 2,121 shares. The stock had previously closed at C$51.00.

ATCO Stock Performance

The stock has a market cap of C$629.21 million, a P/E ratio of 14.33 and a beta of 0.74. 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 stock has a 50 day simple moving average of C$48.78 and a 200 day simple moving average of C$45.06.

About ATCO

(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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