On Tuesday, Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) opened higher 2.65% from the last session ,before settling in for the closing price of $18.51. Price fluctuations for AY have ranged from $16.35 to $28.54 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 1.48% over the past five years. Company’s average yearly earnings per share was noted 49.19% at the time writing. With a float of $67.01 million, this company’s outstanding shares have now reached $116.16 million.
Let’s look at the performance matrix of the company that is accounted for 1366 employees.
Atlantica Sustainable Infrastructure Plc (AY) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Atlantica Sustainable Infrastructure Plc is 42.31%, while institutional ownership is 44.01%.
Atlantica Sustainable Infrastructure Plc (AY) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.21) by $0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.19% per share during the next fiscal year.
Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Trading Performance Indicators
Check out the current performance indicators for Atlantica Sustainable Infrastructure Plc (AY). In the past quarter, the stock posted a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.01. Likewise, its price to free cash flow for the trailing twelve months is 5.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.70 in one year’s time.
Technical Analysis of Atlantica Sustainable Infrastructure Plc (AY)
Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) saw its 5-day average volume 1.24 million, a positive change from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 80.60%. Additionally, its Average True Range was 0.48.
During the past 100 days, Atlantica Sustainable Infrastructure Plc’s (AY) raw stochastic average was set at 39.62%, which indicates a significant decrease from 98.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.38% in the past 14 days, which was lower than the 28.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.33, while its 200-day Moving Average is $20.22. Nevertheless, the first resistance level for the watch stands at $19.18 in the near term. At $19.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.69. If the price goes on to break the first support level at $18.67, it is likely to go to the next support level at $18.33. Assuming the price breaks the second support level, the third support level stands at $18.16.
Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Key Stats
There are currently 116,055K shares outstanding in the company with a market cap of 2.21 billion. Presently, the company’s annual sales total 1,100 M according to its annual income of 43,380 K. Last quarter, the company’s sales amounted to 241,310 K and its income totaled -2,670 K.
