A new trading day began on Monday, with American Electric Power Company Inc. (NASDAQ: AEP) stock price down -1.45% from the previous day of trading, before settling in for the closing price of $82.10. AEP’s price has ranged from $69.38 to $94.73 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 4.02%. Meanwhile, its annual earnings per share averaged 6.59%. With a float of $525.71 million, this company’s outstanding shares have now reached $526.18 million.
Let’s determine the extent of company efficiency that accounts for 17250 employees.
American Electric Power Company Inc. (AEP) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of American Electric Power Company Inc. is 0.09%, while institutional ownership is 76.33%. The most recent insider transaction that took place on May 02 ’23, was worth 973,040. In this transaction Executive Chair of this company sold 10,491 shares at a rate of $92.75, taking the stock ownership to the 125,520 shares. Before that another transaction happened on May 02 ’23, when Company’s Executive Vice President sold 1,616 for $92.75, making the entire transaction worth $149,884. This insider now owns 8,925 shares in total.
American Electric Power Company Inc. (AEP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 166.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.72% during the next five years compared to 1.73% growth over the previous five years of trading.
American Electric Power Company Inc. (NASDAQ: AEP) Trading Performance Indicators
Here are American Electric Power Company Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.25, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 5.97 in one year’s time.
Technical Analysis of American Electric Power Company Inc. (AEP)
Looking closely at American Electric Power Company Inc. (NASDAQ: AEP), its last 5-days average volume was 2.61 million, which is a drop from its year-to-date volume of 3.8 million. As of the previous 9 days, the stock’s Stochastic %D was 11.77%. Additionally, its Average True Range was 1.54.
During the past 100 days, American Electric Power Company Inc.’s (AEP) raw stochastic average was set at 51.66%, which indicates a significant increase from 6.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.68% in the past 14 days, which was higher than the 20.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.26, while its 200-day Moving Average is $80.32. However, in the short run, American Electric Power Company Inc.’s stock first resistance to watch stands at $82.11. Second resistance stands at $83.32. The third major resistance level sits at $84.10. If the price goes on to break the first support level at $80.12, it is likely to go to the next support level at $79.34. Should the price break the second support level, the third support level stands at $78.13.
American Electric Power Company Inc. (NASDAQ: AEP) Key Stats
With a market capitalization of 42.57 billion, the company has a total of 526,590K Shares Outstanding. Currently, annual sales are 18,982 M while annual income is 2,208 M. The company’s previous quarter sales were 4,577 M while its latest quarter income was 336,200 K.
