ATCO Ltd. (TSE:ACO.X) Senior Officer P. Derek Cook Sells 500 Shares

ATCO Ltd. (TSE:ACO.X) Senior Officer P. Derek Cook sold 500 shares of ATCO stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$48.80, for a total value of C$24,400.00.

P. Derek Cook also recently made the following trade(s):

• On Monday, March 3rd, P. Derek Cook sold 400 shares of ATCO stock. The stock was sold at an average price of C$47.86, for a total value of C$19,144.00.

ATCO Price Performance

ATCO stock opened at C$49.30 on Thursday. The stock has a market capitalization of C$4.92 billion, a P/E ratio of 14.42, a P/E/G ratio of 3.80 and a beta of 0.74. ATCO Ltd. has a 12-month low of C$35.56 and a 12-month high of C$50.67. The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48. The firm’s 50-day moving average is C$47.53 and its two-hundred day moving average is C$47.53.

Wall Street Analyst Weigh In

ACO.X has been the topic of several recent research reports. CIBC upped their price target on shares of ATCO from C$58.00 to C$59.00 in a report on Friday, February 28th. Scotiabank upped their target price 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, ATCO presently has a consensus rating of “Hold” and a consensus price target of C$51.70.

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.