AES Corp. (AES) Moves -3.34% Lower: These Numbers are Too Good to be True

Witnessing the stock’s movement on the chart, on Wednesday, AES Corp. (NYSE: AES) had a quiet start as it plunged -3.34% to $17.68, before settling in for the price of $18.29 at the close. Taking a more long-term approach, AES posted a 52-week range of $11.43-$25.74.

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It was noted that the giant of the Utilities sector posted annual sales growth of 3.74% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -25.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8.35%. This publicly-traded company’s shares outstanding now amounts to $710.29 million, simultaneously with a float of $707.20 million. The organization now has a market capitalization sitting at $12.56 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.46, while the 200-day Moving Average is $17.46.

AES Corp. (AES) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Diversified industry. AES Corp.’s current insider ownership accounts for 0.43%, in contrast to 93.13% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’23, this organization’s EVP & Chief HR Officer sold 21,594 shares at the rate of 18.95, making the entire transaction reach 409,206 in total value, affecting insider ownership by 167,261. Preceding that transaction, on Dec 08 ’23, Company’s 10% Owner sold 7,087,500 for 22.05, making the whole transaction’s value amount to 156,279,375. This particular insider is now the holder of 0 in total.

AES Corp. (AES) Earnings and Revenue Records

AES Corp.’s EPS increase for this current 12-month fiscal period is 8.35% and is forecasted to reach 2.09 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.50% through the next 5 years, which can be compared against the -25.72% growth it accomplished over the previous five years trading on the market.

AES Corp. (NYSE: AES) Trading Performance Indicators

Let’s observe the current performance indicators for AES Corp. (AES). It’s Quick Ratio in the last reported quarter now stands at 0.61. The Stock has managed to achieve an average true range (ATR) of 0.55. Alongside those numbers, its PE Ratio stands at $53.98, and its Beta score is 1.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.99.

In the same vein, AES’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.33, a figure that is expected to reach 0.29 in the next quarter, and analysts are predicting that it will be 2.09 at the market close of one year from today.

Technical Analysis of AES Corp. (AES)

Going through the that latest performance of [AES Corp., AES]. Its last 5-days volume of 7.75 million was inferior to the volume of 8.43 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 65.91% While, its Average True Range was 0.55.

Raw Stochastic average of AES Corp. (AES) in the period of the previous 100 days is set at 53.92%, which indicates a major fall in contrast to 69.26% 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 28.67% that was lower than 33.68% volatility it exhibited in the past 100-days period.