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

Shares of ATCO Ltd. (OTCMKTS:ACLLFGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $32.80 and traded as high as $33.25. ATCO shares last traded at $33.00, with a volume of 9,846 shares trading hands.

ATCO Price Performance

The business’s 50-day simple moving average is $32.80 and its 200-day simple moving average is $33.65.

ATCO Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a $0.3561 dividend. This represents a dividend yield of 4.11%. The ex-dividend date was Thursday, December 5th. ATCO’s payout ratio is 24.22%.

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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