The Chart for Atlas Corp. (ATCO) Is Flashing Mixed Signals – News Heater
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The Chart for Atlas Corp. (ATCO) Is Flashing Mixed Signals

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Atlas Corp. (NYSE:ATCO) went down by -0.43% from its latest closing price compared to the recent 1-year high of $16.49. The company’s stock price has collected -0.50% of loss in the last five trading sessions. Press Release reported on 11/17/21 that Atlas Clarifies Incorrect Recent Media Coverage Concerning its Common Shareholders

Is It Worth Investing in Atlas Corp. (NYSE :ATCO) Right Now?

Atlas Corp. (NYSE:ATCO) scored a price-to-earnings ratio above its average ratio, recording 22.87 x from its present earnings ratio. Plus, the 36-month beta value for ATCO is at 1.04. Opinions of the stock are interesting as 4 analysts out of 8 who provided ratings for Atlas Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $18.25, which is $4.32 above the current price. ATCO currently public float of 182.14M and currently shorts hold a 3.21% ratio of that float. Today, the average trading volume of ATCO was 719.52K shares.

ATCO’s Market Performance

ATCO stocks went down by -0.50% for the week, with a monthly drop of -1.35% and a quarterly performance of -2.59%, while its annual performance rate touched 18.35%. The volatility ratio for the week stands at 2.43% while the volatility levels for the past 30 days are set at 3.04% for Atlas Corp.. The simple moving average for the period of the last 20 days is -1.95% for ATCO stocks with a simple moving average of -1.18% for the last 200 days.

Analysts’ Opinion of ATCO

Citigroup, on the other hand, stated in their research note that they expect to see ATCO reach a price target of $16. The rating they have provided for ATCO stocks is “Neutral” according to the report published on October 06th, 2021.

B. Riley Securities gave a rating of “Buy” to ATCO, setting the target price at $16.50 in the report published on February 04th of the current year.

ATCO Trading at -4.85% from the 50-Day Moving Average

After a stumble in the market that brought ATCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.52% of loss for the given period.

Volatility was left at 3.04%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares surge +0.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.43% lower at present.

During the last 5 trading sessions, ATCO fell by -0.50%, which changed the moving average for the period of 200-days by +9.51% in comparison to the 20-day moving average, which settled at $14.21. In addition, Atlas Corp. saw 28.51% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for ATCO

Current profitability levels for the company are sitting at:

  • +40.67 for the present operating margin
  • +55.76 for the gross margin

The net margin for Atlas Corp. stands at +13.55. The total capital return value is set at 6.95, while invested capital returns managed to touch 2.50. Equity return is now at value 4.70, with 1.80 for asset returns.

Based on Atlas Corp. (ATCO), the company’s capital structure generated 145.14 points at debt to equity in total, while total debt to capital is 59.21. Total debt to assets is 56.55, with long-term debt to equity ratio resting at 129.78. Finally, the long-term debt to capital ratio is 52.94.

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When we switch over and look at the enterprise to sales, we see a ratio of 5.32, with the company’s debt to enterprise value settled at 0.69. The receivables turnover for the company is 26.99 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.

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