AltaGas (OTCMKTS:ATGFF) Trading Up 1.6% – Should You Buy?

Shares of AltaGas Ltd. (OTCMKTS:ATGFFGet Free Report) rose 1.6% during trading on Thursday . The company traded as high as $25.22 and last traded at $25.22. Approximately 5,252 shares changed hands during trading, a decline of 90% from the average daily volume of 53,864 shares. The stock had previously closed at $24.83.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered shares of AltaGas from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd.

Read Our Latest Analysis on AltaGas

AltaGas Price Performance

The stock has a 50-day simple moving average of $24.71 and a 200-day simple moving average of $23.76.

About AltaGas

(Get Free Report)

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.

Further Reading

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