ATCO (OTCMKTS:ACLLF) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

ATCO Ltd. (OTCMKTS:ACLLF) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $37.94 and traded as high as $39.32. ATCO shares last traded at $39.32, with a volume of 2,644 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ACLLF shares. National Bankshares restated a “sector perform” rating on shares of ATCO in a research report on Monday, November 10th. Scotiabank restated a “sector perform” rating on shares of ATCO in a report on Monday, November 10th. CIBC reiterated an “outperform” rating on shares of ATCO in a report on Tuesday, October 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

ATCO Stock Performance

The company has a 50-day simple moving average of $37.94 and a two-hundred day simple moving average of $37.16.

About ATCO

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.