AES Corp. (AES) posted a 0.40% change over the last five days signaling a new trend

AES Corp. (NYSE: AES) on Monday, soared 0.40% from the previous trading day, before settling in for the closing price of $17.52. Within the past 52 weeks, AES’s price has moved between $11.43 and $22.21.

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During the last 5-year period, the sales growth of Utilities Sector giant was 3.74%. The company achieved an average annual earnings per share of 8.70%. With a float of $709.44 million, this company’s outstanding shares have now reached $710.67 million.

Let’s determine the extent of company efficiency that accounts for 9600 employees.

AES Corp. (AES) Breakdown of a Key Holders of the stock

Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. The insider ownership of AES Corp. is 0.17%, while institutional ownership is 103.24%. The most recent insider transaction that took place on Jun 06 ’24, was worth 305,250. In this transaction SVP & Chief Accounting Officer of this company sold 15,000 shares at a rate of $20.35, taking the stock ownership to the 43,334 shares. Before that another transaction happened on May 20 ’24, when Company’s EVP & Chief HR Officer sold 66,250 for $21.21, making the entire transaction worth $1,405,162. This insider now owns 199,481 shares in total.

AES Corp. (AES) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 8.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.10% during the next five years compared to -25.72% drop over the previous five years of trading.

AES Corp. (NYSE: AES) Trading Performance Indicators

AES Corp. (AES) is currently performing well based on its current performance indicators. A quick ratio of 0.71 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 1.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 2.09 in one year’s time.

Technical Analysis of AES Corp. (AES)

Looking closely at AES Corp. (NYSE: AES), its last 5-days average volume was 7.38 million, which is a drop from its year-to-date volume of 8.1 million. As of the previous 9 days, the stock’s Stochastic %D was 55.98%. Additionally, its Average True Range was 0.59.

During the past 100 days, AES Corp.’s (AES) raw stochastic average was set at 38.15%, which indicates a significant increase from 34.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.35% in the past 14 days, which was higher than the 38.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.09, while its 200-day Moving Average is $17.51. However, in the short run, AES Corp.’s stock first resistance to watch stands at $17.76. Second resistance stands at $17.94. The third major resistance level sits at $18.16. If the price goes on to break the first support level at $17.37, it is likely to go to the next support level at $17.15. Now, if the price goes above the second support level, the third support stands at $16.98.

AES Corp. (NYSE: AES) Key Stats

Market capitalization of the company is 12.50 billion based on 710,667K outstanding shares. Right now, sales total 12,668 M and income totals 249,000 K. The company made 3,085 M in profit during its latest quarter, and 432,000 K in sales during its previous quarter.