Algonquin Power & Utilities Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.79 on 05/07/24, while the lowest price for the same period was registered at $4.19 on 01/13/25.
52-week price history of AQN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Algonquin Power & Utilities Corp’s current trading price is -24.15% away from its 52-week high, while its distance from the 52-week low is 22.91%. The stock’s price range during this period has spanned from $4.19 to $6.79. In the Utilities sector, the Algonquin Power & Utilities Corp’s shares surpassed a trading volume of approximately 7.48 million for the day, which was noticeably lower compared to the average daily volume of 9.9.79 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly rise of 19.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.07B and boasts a workforce of 3786 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.69, with a change in price of +0.19. Similarly, Algonquin Power & Utilities Corp recorded 8,041,152 in trading volume during the last 100 days, posting a change of +3.83%.
Examining AQN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for AQN stands at 1.43. Similarly, the long-term debt-to-equity ratio is also 1.32.
AQN Stock Stochastic Average
Today, Algonquin Power & Utilities Corp’s raw stochastic average for the past 50 days stands at 97.46%, indicating a rise from the raw stochastic average of the last 20 days, which was 97.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 96.38% and 96.88% respectively.
AQN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 15.73%. However, over the past six months, we’ve seen a stronger performance of -5.68%. The price of AQN fallen by 3.83% over the last 30 days. And in the last five days, it has surged by 0.78%.
