The stock price for Algonquin Power & Utilities Corp (AQN) currently stands at $6.05. The stock experienced a substantial increase in the last session, hitting $6.75 after starting at $6.05. The stock’s lowest price was $6.0 before closing at $6.0.
Algonquin Power & Utilities Corp saw a rather consistency, in terms of market performance.
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 -3.43% away from its 52-week high, while its distance from the 52-week low is 44.27%. The stock’s price range during this period has spanned from $4.19 to $6.26. In the Utilities sector, the Algonquin Power & Utilities Corp’s shares surpassed a trading volume of approximately 2.68 million for the day, which was noticeably lower compared to the average daily volume of 9.10.52 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 12.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.78B and boasts a workforce of 3786 employees.
A Closer Look at Analysts’ Ratings for Algonquin Power & Utilities Corp
As of right now, 0 analyst is rating Algonquin Power & Utilities Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 5.54, with a change in price of +1.24. Similarly, Algonquin Power & Utilities Corp recorded 10,806,046 in trading volume during the last 100 days, posting a change of +25.67%.
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 1.35. Similarly, the long-term debt-to-equity ratio is also 1.28.
AQN Stock Stochastic Average
Today’s raw stochastic average for Algonquin Power & Utilities Corp over the last 50 days is 81.62%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 81.93%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 68.23% and 60.59%, respectively.
AQN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -2.34%. However, over the past six months, we’ve seen a weaker performance of 34.93%. The price of AQN fallen by 5.68% over the last 30 days. And in the last five days, it has surged by 1.77%.
