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.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Sponsored
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%.
