AltaGas (OTCMKTS:ATGFF) Trading Up 1.1% – Here’s Why

Shares of AltaGas Ltd. (OTCMKTS:ATGFFGet Free Report) traded up 1.1% during mid-day trading on Friday . The company traded as high as $31.05 and last traded at $31.0075. 4,008 shares were traded during trading, a decline of 93% from the average session volume of 54,053 shares. The stock had previously closed at $30.68.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ATGFF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of AltaGas in a research note on Friday, October 31st. National Bankshares reaffirmed an “outperform” rating on shares of AltaGas in a research report on Friday, October 31st. Finally, Scotiabank reissued an “outperform” rating on shares of AltaGas in a research report on Monday, October 6th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Check Out Our Latest Report on AltaGas

AltaGas Stock Performance

The firm has a 50 day moving average of $30.30 and a 200-day moving average of $29.86.

About AltaGas

(Get Free Report)

AltaGas Ltd. is a North American energy infrastructure company engaged in the ownership, operation and development of diversified assets across natural gas, natural gas liquids (NGL), electricity and utility businesses. Its midstream operations include gathering, processing, and transporting natural gas, as well as fractionation and storage of NGLs. In the power segment, AltaGas develops and operates natural gas‐fired power plants and small hydroelectric facilities, providing reliable electricity to regional markets.

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