Atlantica Sustainable Infrastructure Plc (NASDAQ:AY) does about 1.27M shares in volume on a normal day but saw 1673038 shares change hands in Monday trading. The company now has a market cap of 2.56B USD. Its current market price is $22.01, marking an increase of 2.80% compared to the previous close of $21.41. The 52 week high reached by this stock is $26.95 whilst the lowest price level in 52 weeks is $16.35.
Atlantica Sustainable Infrastructure Plc (AY) has a 20-day trading average at $19.40 and the current price is -18.33% off the 52-week high compared with 34.62% distance from its 52-week low. The 50-day simple moving average of the closing price is $18.52 and its 200-day simple moving average is $19.83. If we look at the stock’s price movements over the week, volatility stands at 6.68%, which decreases to 4.81% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.48 to suggest the stock is overbought.
The consensus objective for the share price is $21.95, suggesting that the stock has a potential downside of -0.27% over the period.
UBS upgraded the stock to “Buy” from Neutral on March 22, 2024 at a price target of $19-$25. Raymond James downgraded its price target at $36-$25.
Atlantica Sustainable Infrastructure Plc (AY) stock is up 10.33% over the week and 20.08% over the past month. Its price is 2.37% year-to-date and -11.68% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -0.27 percent from here.
The company has a return on investment of 0.75% and return on equity of 2.87%. The price to earnings ratio (P/E ratio) amounts to 54.17 while the forward price to earnings ratio is 31.96. The beta has a value of 0.98. Price to book ratio is 1.80 and price to sales ratio is 2.32.
