Alimentation Couche-Tard (OTCMKTS:ANCUF) Stock Crosses Above 200 Day Moving Average of $60.95
Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $60.95 and traded as high as $62.66. Alimentation Couche-Tard shares last traded at $61.81, with a volume of 1,853 shares trading hands.
Several equities research analysts have recently commented on ANCUF shares. CIBC reissued a “buy” rating on shares of Alimentation Couche-Tard in a research note on Friday, September 6th. BMO Capital Markets cut Alimentation Couche-Tard from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 17th. Finally, Desjardins raised Alimentation Couche-Tard from a “hold” rating to a “buy” rating in a research note on Thursday, July 11th.
The company has a 50 day moving average price of $62.26 and a 200 day moving average price of $60.95.
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.
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