Ameren Corp. (NYSE: AEE) on Tuesday, soared 1.06% from the previous trading day, before settling in for the closing price of $70.75. Within the past 52 weeks, AEE’s price has moved between $67.03 and $88.72.
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A company in the Utilities sector has jumped its sales by 4.21% annually for the last half of the decade. The company achieved an average annual earnings per share of 5.27%. With a float of $265.66 million, this company’s outstanding shares have now reached $266.30 million.
In an organization with 9372 employees, it is important to assess its efficiency.
Ameren Corp. (AEE) Insider Updates
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Ameren Corp. is 0.38%, while institutional ownership is 79.13%. The most recent insider transaction that took place on Jun 07 ’24, was worth 106,935. In this transaction Director of this company sold 1,500 shares at a rate of $71.29, taking the stock ownership to the 13,768 shares. Before that another transaction happened on May 17 ’24, when Company’s SVP & CNO of Subsidiary sold 10,000 for $74.50, making the entire transaction worth $745,000. This insider now owns 56,781 shares in total.
Ameren Corp. (AEE) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 5.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.50% during the next five years compared to 5.69% growth over the previous five years of trading.
Ameren Corp. (NYSE: AEE) Trading Performance Indicators
Ameren Corp. (AEE) is currently performing well based on its current performance indicators. A quick ratio of 0.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.35, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 4.90 in one year’s time.
Technical Analysis of Ameren Corp. (AEE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.88 million. That was better than the volume of 1.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.89%. Additionally, its Average True Range was 1.14.
During the past 100 days, Ameren Corp.’s (AEE) raw stochastic average was set at 49.01%, which indicates a significant decrease from 88.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.33% in the past 14 days, which was lower than the 16.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.69, while its 200-day Moving Average is $73.59. However, in the short run, Ameren Corp.’s stock first resistance to watch stands at $71.86. Second resistance stands at $72.23. The third major resistance level sits at $72.73. If the price goes on to break the first support level at $71.00, it is likely to go to the next support level at $70.50. Assuming the price breaks the second support level, the third support level stands at $70.13.
Ameren Corp. (NYSE: AEE) Key Stats
Market capitalization of the company is 19.07 billion based on 266,670K outstanding shares. Right now, sales total 7,500 M and income totals 1,152 M. The company made 1,816 M in profit during its latest quarter, and 261,000 K in sales during its previous quarter.
