A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Algonquin Power & Utilities Corp’s current trading price is -8.11% away from its 52-week high, while its distance from the 52-week low is 39.37%. The stock’s price range for this time frame has been between $4.19 and $6.36. The trading volume of the company’s shares in the Utilities reached around 5.82 million for the day, which was evidently lower than the average daily volume of 13.6 million over the last three months.
Algonquin Power & Utilities Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $6.36 on 07/31/24, and the lowest price during that time was $4.19, recorded on 01/13/25.
How Financial Performance Impacts Market Capitalization
Algonquin Power & Utilities Corp (AQN) has experienced a quarterly rise of 19.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.62B and boasts a workforce of 3786 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
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 1.35. Similarly, the long-term debt-to-equity ratio is also 1.28.
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. Year to date metric has recorded a gain of 31.23%.However, over the last six months, we can see a weaker performance of 23.20%. Over the last 30 days, the price of AQN has fallen by 6.95%. And in the last five days, it has surged by 8.75%.
