Alimentation Couche-Tard (OTCMKTS:ANCTF) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $56.39 and traded as low as $52.86. Alimentation Couche-Tard shares last traded at $52.92, with a volume of 41,548 shares.

Wall Street Analysts Forecast Growth

ANCTF has been the subject of several analyst reports. UBS Group upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th. Scotiabank upgraded shares of Alimentation Couche-Tard to a “strong-buy” rating in a report on Friday, December 20th.

Alimentation Couche-Tard Trading Up 0.2 %

The business has a fifty day moving average price of $55.86 and a 200 day moving average price of $56.39.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.