The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Algonquin Power & Utilities Corp’s current trading price is -30.91% away from its 52-week high, while its distance from the 52-week low is 28.87%. The stock’s price range for this period has been between $4.90 and $9.14 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 1.94 million for the day, a number notably lower than the average daily volume of 4.84 million over the last three months.
Algonquin Power & Utilities Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $9.14 on 05/11/23, while the lowest price for the same duration was marked at $4.90 on 10/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly decline of -5.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.50B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.11, with a change in price of +0.82. Similarly, Algonquin Power & Utilities Corp recorded 4,413,328 in trading volume during the last 100 days, posting a change of +14.85%.
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 1.69. Similarly, the long-term debt-to-equity ratio is also 1.57.
AQN Stock Stochastic Average
As of today, Algonquin Power & Utilities Corp’s raw stochastic average for the last 50 days stands at 72.49%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 81.15%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.58% and 57.29%, respectively.
AQN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -0.08% this year. Over the last six months, there has been a weaker performance of 9.45%. The price of AQN leaped by -1.48% during the last 30 days period. For the last 5-days stocks have improved 1.36%.
