ATCO (OTCMKTS:ACLLF) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of ATCO Ltd. (OTCMKTS:ACLLFGet Free Report) passed 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 changing hands.

ATCO Price Performance

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

ATCO Cuts Dividend

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