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 -32.93% away from its 52-week high, while its distance from the 52-week low is 25.10%. The stock’s price range over this period has fluctuated between $4.90 and $9.14. The company, operating within the financial sector, had a trading volume of approximately 2.32 million for the day, which was noticeably lower than the average daily share volume of 4.85 million over the last 3 months.
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 $9.14 on 05/11/23, while the lowest value for the same duration was $4.90 on 10/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly rise of 3.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.37B.
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 +0.10. Similarly, Algonquin Power & Utilities Corp recorded 4,564,983 in trading volume during the last 100 days, posting a change of +1.66%.
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
Today, Algonquin Power & Utilities Corp’s raw stochastic average for the past 50 days stands at 55.03%, indicating a decline from the raw stochastic average of the last 20 days, which was 66.49%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 53.98% and 40.42% respectively.
AQN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -3.01%. However, over the past six months, we’ve seen a weaker performance of 22.11%. The price of AQN fallen by 0.16% over the last 30 days. And in the last five days, it has surged by 8.11%.
