American Electric Power Company Inc. (NASDAQ:AEP) shares, rose in value on Thursday, April 25, with the stock price down by -0.70% to the previous day’s close as strong demand from buyers drove the stock to $85.76.
Actively observing the price movement in the recent trading, the stock is buoying the session at $86.37. The PE ratio was 20.19 over 12-month period. Referring to stock’s 52-week performance, its high was $94.73, and the low was $69.38. On the whole, AEP has fluctuated by 3.98% over the past month.
The company’s Forward Dividend Ratio is 3.42, with its dividend yield at 3.99%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 20.52B, with a low estimate of 4.72B and a high estimate of 5.45B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AEP’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.53, with the price of AEP currently trading nearly 2.35% and 3.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.26, while the 7-day volatility ratio is showing 2.20% which for the 30-day chart, stands at 1.94%. Furthermore, American Electric Power Company Inc. (AEP)’s beta value is 0.50, and its average true range (ATR) is 1.68.
A comparison of American Electric Power Company Inc. (AEP) with its peers suggests the former has fared considerably weaker in the market. AEP showed an intraday change of -0.70% in today’s session so far, and over the past year, it shrunk by -9.13%%.
Data on historical trading for American Electric Power Company Inc. (NASDAQ:AEP) indicates that the trading volumes over the past 3 months, they’ve averaged 3.74 million. According to company’s latest data on outstanding shares, there are 526.18 million shares outstanding.
Nearly 0.08% of American Electric Power Company Inc.’s shares belong to company insiders and institutional investors own 76.33% of the company’s shares. The stock has risen by 5.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AEP stock heading into the next quarter.
