ATCO Ltd. (TSE:ACO.X) Senior Officer Sells C$49,800.00 in Stock

ATCO Ltd. (TSE:ACO.X) Senior Officer James Landon sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of C$49.80, for a total transaction of C$49,800.00.

ATCO Trading Up 1.8 %

ACO.X stock opened at C$49.94 on Friday. ATCO Ltd. has a 52-week low of C$35.56 and a 52-week high of C$50.67. The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63. The firm has a market cap of C$4.98 billion, a P/E ratio of 14.60, a PEG ratio of 3.80 and a beta of 0.74. The company’s 50-day simple moving average is C$47.62 and its 200-day simple moving average is C$47.59.

Analyst Ratings Changes

ACO.X has been the topic of several analyst reports. Scotiabank lifted their price objective on ATCO from C$49.00 to C$51.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. CIBC raised their target price on ATCO from C$58.00 to C$59.00 in a report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, ATCO presently has a consensus rating of “Hold” and a consensus target price of C$51.70.

ATCO Company Profile

Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco’s primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other.