Do American Electric Power Company Inc. (AEP) beta value of 0.34 signposts another twist?

Let’s start up with the current stock price of American Electric Power Company Inc. (AEP), which is $89.54 to be very precise. The Stock rose vividly during the last session to $90.62 after opening rate of $88.56 while the lowest price it went was recorded $88.56 before closing at $89.34.

Recently in News on October 16, 2020, AMERICAN ENERGY CLASS ACTION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors of Lead Plaintiff Deadline in Class Action Lawsuit Against American Electric Power, Inc. – AEP. New Orleans, Louisiana–(Newsfile Corp. – October 15, 2020) – Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of $100,000 that they have until October 19, 2020 to file lead plaintiff applications in a securities class action lawsuit against American Electric Power, Inc. (“AEP”) (NYSE: AEP), if they purchased the Company’s securities between November 2, 2016 and July 24, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Ohio. You can read further details here

American Electric Power Company Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $104.97 on 02/04/20, with the lowest value was $65.14 for the same time period, recorded on 03/23/20.

American Electric Power Company Inc. (AEP) full year performance was -3.30%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, American Electric Power Company Inc. shares are logging -14.70% during the 52-week period from high price, and 37.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $65.14 and $104.97.

The company’s shares, operating in the sector of Utilities managed to top a trading volume set approximately around 1674688 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the American Electric Power Company Inc. (AEP) recorded performance in the market was -5.26%, having the revenues showcasing 2.32% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 44.21B, as it employees total of 17408 workers.

American Electric Power Company Inc. (AEP) in the eye of market guru’s

During the last month, 0 analysts gave the American Electric Power Company Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 83.12, with a change in the price was noted +9.62. In a similar fashion, American Electric Power Company Inc. posted a movement of +12.04% for the period of last 100 days, recording 2,927,614 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AEP is recording 1.59 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.33.

American Electric Power Company Inc. (AEP): Stocks Technical analysis and Trends

Raw Stochastic average of American Electric Power Company Inc. in the period of last 50 days is set at 87.71%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.26%. In the last 20 days, the company’s Stochastic %K was 86.00% and its Stochastic %D was recorded 89.01%.

If we look into the earlier routines of American Electric Power Company Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.26%. Additionally, trading for the stock in the period of the last six months notably improved by 3.66%, alongside a downfall of -3.30% for the period of the last 12 months. The shares increased approximately by 0.18% in the 7-day charts and went down by 11.29% in the period of the last 30 days. Common stock shares were driven by 2.32% during last recorded quarter.