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AltaGas Preference share Series U drops on high volatility February 28, 2017 17:00 EST
Feb 28, 2017 - News Bites Canadian Markets


AltaGas Ltd. (TSX:ALA.PR.U), Canada's 24th largest Oil & gas - midstream company by market cap, traded between an intraday low of $US24.06 and a high of $US24.30. The average daily volatility of 1.3% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 1.0% was 0.8 times the average daily volatility of 1.3%, up from 0.3% on Monday and 0.5% on Frida

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