AltaGas (OTCMKTS:ATGFF) Trading Up 0.2% – Here’s Why

AltaGas Ltd. (OTCMKTS:ATGFF)’s share price was up 0.2% on Friday . The company traded as high as $29.51 and last traded at $29.51. Approximately 482 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 2,089 shares. The stock had previously closed at $29.45.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ATGFF shares. National Bankshares reiterated an “outperform” rating on shares of AltaGas in a research report on Friday, October 31st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AltaGas in a research note on Friday, October 31st. Finally, Scotiabank reiterated an “outperform” rating on shares of AltaGas in a report on Monday, October 6th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

AltaGas Trading Up 0.2%

The firm has a fifty day moving average of $30.31 and a 200-day moving average of $30.03.

AltaGas Company Profile

AltaGas Ltd. is a North American energy infrastructure company engaged in the ownership, operation and development of diversified assets across natural gas, natural gas liquids (NGL), electricity and utility businesses. Its midstream operations include gathering, processing, and transporting natural gas, as well as fractionation and storage of NGLs. In the power segment, AltaGas develops and operates natural gas‐fired power plants and small hydroelectric facilities, providing reliable electricity to regional markets.