AltaGas (OTCMKTS:ATGFF) Downgraded by JPMorgan Chase & Co.

AltaGas (OTCMKTS:ATGFF) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports.

AltaGas Price Performance

Shares of ATGFF stock traded up $0.03 during trading hours on Wednesday, reaching $25.70. The stock had a trading volume of 45,267 shares, compared to its average volume of 55,384. The stock’s fifty day simple moving average is $25.10 and its 200 day simple moving average is $23.37. AltaGas has a 12 month low of $17.84 and a 12 month high of $26.06.

About AltaGas

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.