Atlantic Power Corporation (AT) Open at price of $2.09: A Brand-New Opportunity for Investors

Atlantic Power Corporation (NYSE: AT) open the trading on January 06, 2021, with great promise as it jumped 3.33% to $2.17. During the day, the stock rose to $2.22 and sunk to $2.09 before settling in for the price of $2.10 at the close. Taking a more long-term approach, AT posted a 52-week range of $1.70-$2.54.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

The Utilities Sector giants’ yearly sales growth during the last 5-year period was -10.50%. Meanwhile, its Annual Earning per share during the time was 20.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -250.20%. This publicly-traded company’s shares outstanding now amounts to $89.50 million, simultaneously with a float of $85.56 million. The organization now has a market capitalization sitting at $203.76 million. At the time of writing, stock’s 50-day Moving Average stood at $2.03, while the 200-day Moving Average is $2.02.

While finding the extent of efficiency of the company that is accounted for 266 employees. It has generated 1,404,716 per worker during the last fiscal year. Meanwhile, its income per employee was -218,489. The stock had 6.82 Receivables turnover and 0.27 Total Asset turnover. For the Profitability, stocks gross margin was +27.31, operating margin was +18.82 and Pretax Margin of -11.01.

Atlantic Power Corporation (AT) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Utilities – Independent Power Producers industry. Atlantic Power Corporation’s current insider ownership accounts for 4.11%, in contrast to 57.60% institutional ownership. According to the most recent insider trade that took place on Jun 24, this organization’s Director bought 800 shares at the rate of 1.86, making the entire transaction reach 1,488 in total value, affecting insider ownership by 193,000. Preceding that transaction, on Jun 24, Company’s Chief Financial Officer bought 2,600 for 1.85, making the whole transaction’s value amount to 4,810. This particular insider is now the holder of 550,752 in total.

Atlantic Power Corporation (AT) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 9/29/2020 suggests? It has posted $0.24 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.05) by $0.19. This company achieved a net margin of -15.55 while generating a return on equity of -26.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Atlantic Power Corporation’s EPS decrease for this current 12-month fiscal period is -250.20% and is forecasted to reach 0.16 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.50% through the next 5 years, which can be compared against the 20.50% growth it accomplished over the previous five years trading on the market.

Atlantic Power Corporation (NYSE: AT) Trading Performance Indicators

Let’s observe the current performance indicators for Atlantic Power Corporation (AT). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.76. Similarly, its price to free cash flow for trailing twelve months is now 2.46.

In the same vein, AT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.26, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be 0.16 at the market close of one year from today.

Technical Analysis of Atlantic Power Corporation (AT)

[Atlantic Power Corporation, AT] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 62.75% While, its Average True Range was 0.10.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Raw Stochastic average of Atlantic Power Corporation (AT) in the period of the previous 100 days is set at 67.12%, which indicates a major rise in contrast to 64.71% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 55.65% that was higher than 34.05% volatility it exhibited in the past 100-days period.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Recent Articles

Is IMAX Corporation Looking Forward To A Good Year?

The movie theatre operator IMAX Company (IMAX) may be one of the winners of the delayed market for large-screen movie premieres. The recent announcement...

Shares of DermTech (DMTK) Risen 186% Over A Month

After announcing that its test had earned insurance coverage, the shares of biotech firm DermTech, Inc. (DMTK) started rising last month. The rally is...

Sales at KB Home (NYSE: KBH) Are Down, But Orders Are Up

Construction company KB Home (NYSE: KBH) recently released its results for the fourth quarter of 2020. The company's revenue and profits declined on a...

A Bullish Stock Outlook for Vuzix Corporation (VUZI)

A partnership between VUZIX Corporation (VUZI) and BioSig Technologies (BSGM) has been announced to provide remote servicing for the company's PURE EP Electronic Physiological...

Pfizer (PFE) May Apply For Approval of its Vaccine in Russia

According to Pfizer (PFE) press office, the company may apply for government approval of its vaccine against Covid-19 in Russia, the Tass agency reported. Specifically,...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.