AES Corp. (NYSE:AES) price closed lower on Tuesday, April 16, dropping -1.55% below its previous close.
A look at the daily price movement shows that the last close reads $16.16. The company’s P/E ratio in the trailing 12-month period read 48.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $24.59 and 52-week low of $11.43. The stock added 6.00% on its value in the past month.
AES Corp., which has a market valuation of $11.30 billion. The company stock has a Forward Dividend ratio of 0.67, while the dividend yield is 4.21%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give AES a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 6.48. The overview shows that AES’s price is at present -6.78% off the SMA20 and -3.37% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.16, with weekly volatility standing at 4.54%. The indicator jumps to 3.28% when calculated based on the past 30 days. AES Corp. (NYSE:AES)’s beta value is holding at 1.10, while the average true range (ATR) indicator is currently reading 0.62.
An analysis of the AES Corp. (NYSE:AES) stock in terms of its daily trading volume indicates that the 3-month average is 8.86 million.
Current records show that the company has 710.29M in outstanding shares. The insiders’ percentage holdings are 0.43% of outstanding shares while the percentage share held by institutions stands at 86.68%. But the -17.35% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
