The trading price of Algonquin Power & Utilities Corp (NYSE:AQN) floating higher at last check on Tuesday, April 23, closing at $6.13, 1.00% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 317.67. In examining the 52-week price action we see that the stock hit a 52-week high of $9.14 and a 52-week low of $4.90. Over the past month, the stock has gained 0.18% in value.
Algonquin Power & Utilities Corp, whose market valuation is $4.37 billion at the time of this writing. The dividend yield on the company stock is 7.08%, while its Forward Dividend ratio is 0.43. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Algonquin Power & Utilities Corp No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AQN has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently Hold.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 73.88, which symbolizes a positive outlook. A quick review shows that AQN’s price is currently 0.87% off the SMA20 and 1.91% off the SMA50. The RSI metric on the 14-day chart is currently showing 53.81, and weekly volatility stands at 2.54%. When measured over the past 30 days, the indicator reaches 2.75%. Algonquin Power & Utilities Corp (NYSE:AQN)’s beta value is currently sitting at 0.68, while the Average True Range indicator is currently displaying 0.17.
To see how Algonquin Power & Utilities Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: AQN stock’s performance was 1.00% at last check in today’s session, and -26.57% in the past year. Algonquin Power & Utilities Corp has a P/E ratio of 317.67.
An evaluation of the daily trading volume of Algonquin Power & Utilities Corp (NYSE:AQN) indicates that the 3-month average is 4.85 million.
Currently, records show that 689.27 million of the company’s shares remain outstanding. The insiders hold 3.33% of outstanding shares, whereas institutions hold 60.56%. However, since the stock’s price has seen -2.99% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
