ATCO (OTCMKTS:ACLLF) Share Price Crosses Below 50-Day Moving Average – What’s Next?

ATCO Ltd. (OTCMKTS:ACLLFGet Free Report)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $34.02 and traded as low as $32.43. ATCO shares last traded at $33.03, with a volume of 16,968 shares changing hands.

ATCO Price Performance

The company’s fifty day moving average is $33.95 and its 200-day moving average is $32.95.

ATCO Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $0.3561 per share. This represents a yield of 4.11%. The ex-dividend date of this dividend was Thursday, December 5th. ATCO’s dividend payout ratio (DPR) is presently 24.22%.

ATCO Company Profile

(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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