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 -34.02% away from its 52-week high, while its distance from the 52-week low is 5.41%. The stock’s price range for this period has been between $4.25 and $6.79 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 6.09 million for the day, a number notably higher than the average daily volume of 5.28 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 $6.79 on 05/07/24, while the lowest price for the same duration was marked at $4.25 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly decline of -17.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.54B and boasts a workforce of 3500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.10, with a change in price of -1.71. Similarly, Algonquin Power & Utilities Corp recorded 6,030,397 in trading volume during the last 100 days, posting a change of -27.63%.
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 1.54. Similarly, the long-term debt-to-equity ratio is also 1.49.
AQN Stock Stochastic Average
As of today, Algonquin Power & Utilities Corp’s raw stochastic average for the last 50 days stands at 23.96%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 31.51%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 17.86% and 12.63%, 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 -29.11% this year. Over the last six months, there has been a stronger performance of -23.94%. The price of AQN leaped by -6.08% during the last 30 days period. For the last 5-days stocks have slided -0.67%.
