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Sentgraf Enterprises Ltd. Acquires 5,000 Shares of ATCO Ltd. (TSE:ACO.X) Stock

Defense World ·  Aug 15, 2022 05:21

ATCO Ltd. (TSE:ACO.X – Get Rating) insider Sentgraf Enterprises Ltd. acquired 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 10th. The shares were purchased at an average price of C$47.25 per share, with a total value of C$236,250.00. Following the acquisition, the insider now owns 26,434,136 shares of the company's stock, valued at approximately C$1,249,012,926.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

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  • On Monday, June 13th, Sentgraf Enterprises Ltd. acquired 5,000 shares of ATCO stock. The shares were purchased at an average price of C$44.50 per share, with a total value of C$222,500.00.
  • On Thursday, June 9th, Sentgraf Enterprises Ltd. acquired 500 shares of ATCO stock. The shares were purchased at an average price of C$43.35 per share, with a total value of C$21,675.00.

ATCO Stock Performance

Shares of ACO.X stock opened at C$47.58 on Monday. The company's fifty day simple moving average is C$44.89 and its 200-day simple moving average is C$44.25. The company has a quick ratio of 1.45, a current ratio of 1.62 and a debt-to-equity ratio of 125.47. The firm has a market cap of C$5.44 billion and a PE ratio of 14.69. ATCO Ltd. has a 12 month low of C$40.00 and a 12 month high of C$48.04.

Wall Street Analysts Forecast Growth

ACO.X has been the subject of a number of analyst reports. CIBC boosted their price objective on shares of ATCO from C$54.00 to C$55.00 in a report on Friday, July 29th. Royal Bank of Canada upped their price target on shares of ATCO from C$49.00 to C$52.00 and gave the company a "sector perform" rating in a report on Friday, July 29th. TD Securities upped their price target on shares of ATCO from C$53.00 to C$55.00 and gave the company a "buy" rating in a report on Friday, April 29th. National Bankshares upped their price target on shares of ATCO from C$46.00 to C$49.00 and gave the company a "sector perform" rating in a report on Tuesday, August 2nd. Finally, CSFB reduced their price target on shares of ATCO from C$49.00 to C$48.00 in a report on Friday, July 22nd. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$50.06.

About ATCO

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ATCO Ltd., together with its subsidiaries, provides housing, logistics and transportation, agriculture, water, real estate, and energy and energy infrastructure solutions in Canada, Australia, and internationally. The company offers workforce and residential housing; modular facilities; construction and site support; workforce lodging; facility operations and maintenance; defense operations; and disaster and emergency management services.

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