ATCO (OTCMKTS:ACLLF) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of ATCO Ltd. (OTCMKTS:ACLLF) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $33.74 and traded as low as $32.32. ATCO shares last traded at $32.48, with a volume of 77,114 shares trading hands.

ATCO Stock Down 0.3 %

The stock’s fifty day simple moving average is $32.80 and its 200 day simple moving average is $33.74.

ATCO Cuts Dividend

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

About ATCO

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.