ATCO (OTCMKTS:ACLLF) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

ATCO Ltd. (OTCMKTS:ACLLFGet Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $33.03 and traded as low as $32.93. ATCO shares last traded at $33.05, with a volume of 14,039 shares trading hands.

ATCO Price Performance

The firm’s 50 day moving average price is $33.03 and its 200-day moving average price is $33.55.

ATCO Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a $0.3561 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 4.11%. ATCO’s dividend payout ratio is 24.22%.

About ATCO

(Get Free Report)

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.

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