Alimentation Couche-Tard (OTCMKTS:ANCTF) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $56.58 and traded as low as $53.61. Alimentation Couche-Tard shares last traded at $53.71, with a volume of 176,851 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ANCTF shares. UBS Group upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 13th. Scotiabank upgraded shares of Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 20th.

Check Out Our Latest Research Report on ANCTF

Alimentation Couche-Tard Stock Performance

The firm’s 50-day moving average is $55.91 and its 200-day moving average is $56.58.

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.

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