ATCO (OTCMKTS:ACLLF) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of ATCO Ltd. (OTCMKTS:ACLLFGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $33.01 and traded as high as $34.17. ATCO shares last traded at $34.13, with a volume of 631 shares.

ATCO Price Performance

The business’s 50-day moving average is $33.07 and its two-hundred day moving average is $33.80.

ATCO Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $0.3504 per share. This represents a yield of 4.21%. The ex-dividend date is Thursday, February 27th. ATCO’s payout ratio is presently 24.22%.

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.

Further Reading

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