P. Derek Cook Sells 400 Shares of ATCO Ltd. (TSE:ACO.X) Stock

ATCO Ltd. (TSE:ACO.X) Senior Officer P. Derek Cook sold 400 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$47.86, for a total value of C$19,144.00.

ATCO Trading Up 0.5 %

TSE:ACO.X opened at C$48.17 on Thursday. The stock has a fifty day moving average price of C$47.14 and a two-hundred day moving average price of C$47.11. The stock has a market capitalization of C$4.80 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 3.80 and a beta of 0.74. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42. ATCO Ltd. has a 1 year low of C$35.56 and a 1 year high of C$50.67.

Analyst Ratings Changes

Several equities research analysts have recently commented on ACO.X shares. Scotiabank upped their price target on ATCO from C$49.00 to C$51.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Royal Bank of Canada upped their price target on ATCO from C$50.00 to C$51.00 in a research note on Friday, November 15th. Finally, CIBC upped their price target on ATCO from C$58.00 to C$59.00 in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.