AltaGas (OTCMKTS:ATGFF) Shares Up 0.2% – Still a Buy?

AltaGas Ltd. (OTCMKTS:ATGFF)’s share price was up 0.2% during mid-day trading on Friday . The stock traded as high as $29.51 and last traded at $29.51. Approximately 482 shares changed hands during 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

ATGFF has been the subject of several recent research reports. National Bankshares reiterated an “outperform” rating on shares of AltaGas in a research note on Friday, October 31st. Royal Bank Of Canada restated an “outperform” rating on shares of AltaGas in a research report on Friday, October 31st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of AltaGas in a research report on Monday, October 6th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

AltaGas Trading Up 0.2%

The business’s 50 day moving average price is $30.31 and its 200-day moving average price is $30.03.

About AltaGas

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.