Alimentation Couche-Tard (OTCMKTS:ANCTF) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $56.70 and traded as low as $54.41. Alimentation Couche-Tard shares last traded at $56.14, with a volume of 117,192 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ANCTF shares. UBS Group raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 13th. Scotiabank raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 20th.

Get Our Latest Stock Report on ANCTF

Alimentation Couche-Tard Price Performance

The firm has a 50-day moving average price of $55.54 and a 200-day moving average price of $56.68.

About Alimentation Couche-Tard

(Get Free Report)

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.

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