Shares of ATCO Ltd. Class II (TSE:ACO.Y) reached a new 52-week high on Tuesday . The company traded as high as C$50.75 and last traded at C$50.75, with a volume of 200 shares trading hands. The stock had previously closed at C$50.00.
The business has a 50 day moving average price of C$48.82 and a 200 day moving average price of C$46.30. The company has a quick ratio of 0.72, a current ratio of 1.53 and a debt-to-equity ratio of 123.10. The stock has a market cap of $663.57 million and a P/E ratio of 10.19.
About ATCO Ltd. Class II (TSE:ACO.Y)
ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally. The company operates through Canadian Utilities Limited, Structures & Logistics, Neltume Ports, and Corporate & Other segments. The Canadian Utilities Limited segment provides electricity services, such as electricity generation, transmission, distribution, and other related infrastructure solutions; and pipelines and liquid services that include integrated natural gas transmission, distribution and storage, industrial water solutions, and related infrastructure development, as well as retails natural gas and electricity.
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