ATCO (OTCMKTS:ACLLF) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

ATCO Ltd. (OTCMKTS:ACLLFGet Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $34.02 and traded as low as $32.43. ATCO shares last traded at $33.03, with a volume of 16,968 shares.

ATCO Stock Performance

The firm’s 50-day moving average is $33.95 and its 200-day moving average is $32.95.

ATCO Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a $0.3561 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 4.11%. 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.

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