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

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $56.65 and traded as low as $54.91. Alimentation Couche-Tard shares last traded at $55.58, with a volume of 154,484 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. UBS Group raised Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th. Scotiabank raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 20th.

Get Our Latest Research Report on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Performance

The business’s 50 day simple moving average is $55.79 and its 200 day simple moving average is $56.64.

About Alimentation Couche-Tard

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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.

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