AltaGas (OTCMKTS:ATGFF) Trading 1.3% Higher – Still a Buy?

AltaGas Ltd. (OTCMKTS:ATGFFGet Free Report)’s stock price was up 1.3% during mid-day trading on Friday . The stock traded as high as $24.45 and last traded at $24.45. Approximately 59,857 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 50,598 shares. The stock had previously closed at $24.13.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. downgraded AltaGas from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd.

View Our Latest Report on AltaGas

AltaGas Stock Performance

The firm has a 50 day simple moving average of $23.54 and a two-hundred day simple moving average of $24.21.

AltaGas Company Profile

(Get Free Report)

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.

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