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. This year’s metric has recorded a Price decrease of -24.21%. However, over the past six months, we’ve seen a stronger performance of -28.19%. The price of AQN leaped by -6.08% over the last 30 days. And in the last five days, it has surged by 0.63%.
Algonquin Power & Utilities Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $6.79 on 05/07/24 and a low of $4.67 for the same time frame on 11/06/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
52-week price history of AQN Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Algonquin Power & Utilities Corp’s current trading price is -29.46% away from its 52-week high, while its distance from the 52-week low is 2.57%. The stock’s price range during this time has been between $4.67 and $6.79. The trading volume for the Utilities sector company’s shares reached about 4.32 million for the day, which was lower than the average daily volume of 5.42 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly decline of -9.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.14B and boasts a workforce of 3500 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.43, with a change in price of -1.07. Similarly, Algonquin Power & Utilities Corp recorded 5,973,022 in trading volume during the last 100 days, posting a change of -18.26%.
AQN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AQN stands at 1.54. Similarly, the long-term debt-to-equity ratio is also 1.49.
AQN Stock Stochastic Average
Today, Algonquin Power & Utilities Corp’s raw stochastic average for the past 50 days stands at 12.50%, indicating a decline from the raw stochastic average of the last 20 days, which was 29.27%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.13% and 26.91% respectively.
