Alimentation Couche-Tard (TSE:ATD.A) Stock Price Up 1.6% – Here’s What Happened

Alimentation Couche-Tard Inc (TSE:ATD.AGet Free Report) shares rose 1.6% on Monday . The stock traded as high as C$49.79 and last traded at C$49.63. Approximately 36,229 shares traded hands during trading, an increase of 20% from the average daily volume of 30,192 shares. The stock had previously closed at C$48.84.

Alimentation Couche-Tard Stock Performance

The stock has a market capitalization of C$52.79 billion and a P/E ratio of 15.99. The firm’s 50-day moving average is C$49.63. The company has a debt-to-equity ratio of 74.62, a current ratio of 1.53 and a quick ratio of 1.07.

Insider Activity

In other news, Director Jørn Madsen acquired 16,500 shares of the firm’s stock in a transaction dated Thursday, October 10th. The stock was acquired at an average cost of C$73.98 per share, with a total value of C$1,220,686.50.

Alimentation Couche-Tard Company Profile

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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.

Further Reading

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