ATCO (OTCMKTS:ACLLF) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

ATCO Ltd. (OTCMKTS:ACLLFGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $33.01 and traded as high as $34.17. ATCO shares last traded at $34.13, with a volume of 631 shares.

ATCO Stock Up 1.2 %

The stock’s fifty day simple moving average is $33.01 and its 200-day simple moving average is $33.79.

ATCO Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $0.3504 dividend. The ex-dividend date is Thursday, February 27th. This represents a dividend yield of 4.21%. ATCO’s payout ratio is currently 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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