Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Algonquin Power & Utilities Corp’s current trading price is -34.58% away from its 52-week high, while its distance from the 52-week low is 6.01%. The stock’s price range during this period has varied between $4.19 and $6.79. The company, active in the Utilities sector, saw a trading volume of around 7.45 million for the day, considerably higher average daily volume of 6.28 million observed over the last three months.
Algonquin Power & Utilities Corp’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $6.79 on 05/07/24, with the lowest value being $4.19 on 01/13/25.
How Financial Performance Impacts Market Capitalization
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly decline of -8.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.51B and boasts a workforce of 3500 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.83, with a change in price of -0.84. Similarly, Algonquin Power & Utilities Corp recorded 6,005,328 in trading volume during the last 100 days, posting a change of -15.82%.
How AQN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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, the raw stochastic average of Algonquin Power & Utilities Corp over the past 50 days is 32.25%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 60.67%. Additionally, the Stochastic %K and %D values for the company were 51.97% and 43.51%, respectively, over the past 20 days.
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. The metric has seen a significant loss of -0.18% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -28.24%. Over the past 30 days, the price of AQN has leaped by -0.18%. And in the last five days, it has fallen by -2.59%.
