Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 20.11% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.29%. Over the past 30 days, the price of AQN has fallen by 1.42%. And in the last five days, it has fallen by -3.87%.
The stock market performance of Algonquin Power & Utilities Corp has been fairly unsteady.
52-week price history of AQN Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Algonquin Power & Utilities Corp’s current trading price is -16.09% away from its 52-week high, while its distance from the 52-week low is 27.57%. The stock’s price range over this timeframe has been between $4.19 and $6.37. The shares of the Utilities sector company recorded a trading volume of approximately 10.75 million for the day, which was comparatively lower than the average daily volume of 12.75 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly rise of 12.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.23B and boasts a workforce of 3786 employees.
How Moving Averages and Trading Volume Data Work Together
AQN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for AQN stands at 1.35. Similarly, the long-term debt-to-equity ratio is also 1.28.
