Algonquin Power & Utilities Corp (NYSE:AQN) currently has a daily average trading volume of 5.79M but it saw 4800345 shares traded in last market. With a market cap of 4.89B USD, the company’s current market price of $6.19 came rising about 2.15 while comparing to the previous closing price of $6.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.95 and as low as $4.90. In the recent trading on the day, stock has struck highest price mark of $6.05 while lowest mark touched by it was $6.26.
Taking a look at 20-day trading activity of Algonquin Power & Utilities Corp (AQN) gives us an average price of $6.13, while its current price level is -22.14% below from 52-week high level whereas it is 26.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.05 while that of 200 days or SMA-200 reads an average of $6.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.47% during that period while stretching the period over a month that decreases to 2.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.66 which implies that the stock is in neutral territory.
BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on January 08, 2024 while assigning a price target range of $7-$7.50. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $9 and $8.50.
Year-to-date it is -2.06% down and over the past year, the stock is showing a downside performance of -20.33%.
Currently, Algonquin Power & Utilities Corp’s total number of outstanding shares is 789.69M. Company’s return on investment (ROI) stands at -2.47% and return on equity (ROE) at -6.39%. It has a 12.79 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is -1.82% on average.
