Alimentation Couche-Tard (OTCMKTS:ANCTF) Stock Crosses Below 200 Day Moving Average – Here’s Why

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $56.39 and traded as low as $52.86. Alimentation Couche-Tard shares last traded at $52.92, with a volume of 41,548 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ANCTF. Scotiabank upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 20th. UBS Group upgraded Alimentation Couche-Tard to a “strong-buy” rating in a report on Friday, December 13th.

Check Out Our Latest Stock Report on Alimentation Couche-Tard

Alimentation Couche-Tard Price Performance

The business’s fifty day simple moving average is $55.86 and its 200 day simple moving average is $56.39.

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.

Recommended Stories

Receive News & Ratings for Alimentation Couche-Tard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alimentation Couche-Tard and related companies with MarketBeat.com's FREE daily email newsletter.