American Electric Power Company Inc. (NASDAQ:AEP) currently has a daily average trading volume of 2.83M but it saw 1863543 shares traded in last market. With a market cap of 53.65B USD, the company’s current market price of $100.83 came rising about 0.94 while comparing to the previous closing price of $99.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $105.18 and as low as $72.01. In the recent trading on the day, stock has struck highest price mark of $99.68 while lowest mark touched by it was $100.87.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Hold” in its note to investors issued on September 20, 2024, recommending a price target of $107 for it. BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on August 06, 2024 while assigning a price target range of $96-$97. Ladenburg Thalmann issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $73 and $86.
Over the week, AEP’s stock price is moving -0.48% down while it is -0.57% when we observe its performance for the past one month. Year-to-date it is 24.14% up and over the past year, the stock is showing an upside performance of 37.46%.
Currently, American Electric Power Company Inc.’s total number of outstanding shares is 532.12M with 0.04% of that held by the insiders while 79.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.95% and return on equity (ROE) at 10.53%. It has a price to earnings ratio (P/E ratio) of 20.12 while having a 16.88 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 2.05 while price to sale or P/S ratio amounts to 2.71. Its return on asset (ROA) is 2.69% on average.
