Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Algonquin Power & Utilities Corp.’s current trading price is -42.56% away from its 52-week high, while its distance from the 52-week low is 33.18%. The stock’s price range over this period has fluctuated between $6.41 and $14.85. The company, operating within the financial sector, had a trading volume of approximately 3.12 million for the day, which was noticeably lower than the average daily share volume of 5.28 million over the last 3 months.
Algonquin Power & Utilities Corp. (AQN) stock is currently valued at $8.53. During the last session, the stock experienced a remarkable rise, reaching $8.575 after opening at $8.54. The stock briefly dropped to $8.45 before ultimately closing at $8.58.
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The market performance of Algonquin Power & Utilities Corp.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $14.85 on 06/06/22, while the lowest value for the same duration was $6.41 on 12/29/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Algonquin Power & Utilities Corp. (AQN) has experienced a quarterly rise of 7.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.91B and boasts a workforce of 3951 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.89, with a change in price of +1.96. Similarly, Algonquin Power & Utilities Corp. recorded 5,447,629 in trading volume during the last 100 days, posting a change of +29.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AQN stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.39.
AQN Stock Stochastic Average
Today’s raw stochastic average for Algonquin Power & Utilities Corp. over the last 50 days is 63.36%.This indicates a increase from the raw stochastic average of the past 20 days, which was 27.81%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 34.27% and 33.35%, respectively.
AQN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 30.83%. However, over the last six months, the performance has been weaker by 12.24%. The price of AQN increased 1.31% over the last 30 days. And in the last five days, it has fallen by -0.47%.