No matter how cynical the overall market is Algonquin Power & Utilities Corp. (AQN) performance over the last week is recorded 2.08%

A new trading day began on August 04, 2022, with Algonquin Power & Utilities Corp. (NYSE: AQN) stock priced at $14.08, up 1.50% from the previous day of trading. During the day, the shares moved up to $14.27 and dropped to $13.94 before settling in for the closing price of $14.00. AQN’s price has ranged from $12.88 to $16.09 over the past 52 weeks.


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A company in the Utilities sector has jumped its sales by 15.80% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -70.60%. With a float of $673.28 million, this company’s outstanding shares have now reached $673.74 million.

In an organization with 3445 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +18.14, operating margin of +15.15, and the pretax margin is +7.56.

Algonquin Power & Utilities Corp. (AQN) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Renewable Industry. The insider ownership of Algonquin Power & Utilities Corp. is 0.10%, while institutional ownership is 42.25%.

Algonquin Power & Utilities Corp. (AQN) Performance Highlights and Predictions

In its latest quarterly report, released on 3/30/2022, the company reported earnings of $0.21 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +11.89 while generating a return on equity of 4.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -70.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.85% during the next five years compared to -1.50% drop over the previous five years of trading.

Algonquin Power & Utilities Corp. (NYSE: AQN) Trading Performance Indicators

Here are Algonquin Power & Utilities Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.81 in one year’s time.

Technical Analysis of Algonquin Power & Utilities Corp. (AQN)

Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was inferior than the volume of 2.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.50%. Additionally, its Average True Range was 0.24.

During the past 100 days, Algonquin Power & Utilities Corp.’s (AQN) raw stochastic average was set at 42.45%, which indicates a significant decrease from 94.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.21% in the past 14 days, which was lower than the 22.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.79, while its 200-day Moving Average is $14.28. However, in the short run, Algonquin Power & Utilities Corp.’s stock first resistance to watch stands at $14.34. Second resistance stands at $14.47. The third major resistance level sits at $14.67. If the price goes on to break the first support level at $14.01, it is likely to go to the next support level at $13.81. Assuming the price breaks the second support level, the third support level stands at $13.68.

Algonquin Power & Utilities Corp. (NYSE: AQN) Key Stats

With a market capitalization of 11.89 billion, the company has a total of 673,677K Shares Outstanding. Currently, annual sales are 2,285 M while annual income is 264,860 K. The company’s previous quarter sales were 735,700 K while its latest quarter income was 90,970 K.

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