ATCO Ltd. (TSE:ACO.Y – Get Free Report)’s share price dropped 0.9% during mid-day trading on Friday. The stock traded as low as C$60.00 and last traded at C$60.00. 100 shares changed hands during trading, a decline of 85% from the average session volume of 647 shares. The stock had previously closed at C$60.52.
ATCO Price Performance
The company has a market capitalization of C$6.73 billion, a price-to-earnings ratio of 15.67 and a beta of 0.69. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42. The company has a 50-day moving average price of C$60.00 and a 200-day moving average price of C$60.00.
About ATCO
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. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.
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