Algonquin Power & Utilities Corp (NYSE: AQN) kicked off on Friday, up 0.93% from the previous trading day, before settling in for the closing price of $5.36. Over the past 52 weeks, AQN has traded in a range of $4.90-$7.67.
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During the last 5-year period, the sales growth of Utilities Sector giant was 11.39%. While this was happening, its average annual earnings per share was recorded -7.92%. With a float of $766.24 million, this company’s outstanding shares have now reached $789.99 million.
Let’s determine the extent of company efficiency that accounts for 3500 employees. In terms of profitability, gross margin is 60.85%, operating margin of 16.85%, and the pretax margin is -2.04%.
Algonquin Power & Utilities Corp (AQN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of Algonquin Power & Utilities Corp is 3.01%, while institutional ownership is 58.76%.
Algonquin Power & Utilities Corp (AQN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -7.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.70% during the next five years compared to -40.16% drop over the previous five years of trading.
Algonquin Power & Utilities Corp (NYSE: AQN) Trading Performance Indicators
Take a look at Algonquin Power & Utilities Corp’s (AQN) current performance indicators. Last quarter, stock had a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.39 in one year’s time.
Technical Analysis of Algonquin Power & Utilities Corp (AQN)
Looking closely at Algonquin Power & Utilities Corp (NYSE: AQN), its last 5-days average volume was 3.45 million, which is a drop from its year-to-date volume of 5.63 million. As of the previous 9 days, the stock’s Stochastic %D was 62.37%. Additionally, its Average True Range was 0.17.
During the past 100 days, Algonquin Power & Utilities Corp’s (AQN) raw stochastic average was set at 23.33%, which indicates a significant decrease from 87.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.84% in the past 14 days, which was lower than the 35.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.82, while its 200-day Moving Average is $6.07. However, in the short run, Algonquin Power & Utilities Corp’s stock first resistance to watch stands at $5.45. Second resistance stands at $5.49. The third major resistance level sits at $5.54. If the price goes on to break the first support level at $5.36, it is likely to go to the next support level at $5.31. Should the price break the second support level, the third support level stands at $5.27.
Algonquin Power & Utilities Corp (NYSE: AQN) Key Stats
The company with the Market Capitalisation of 4.27 billion has total of 766,686K Shares Outstanding. Its annual sales at the moment are 2,698 M in contrast with the sum of 28,670 K annual income. Company’s last quarter sales were recorded 598,630 K and last quarter income was 200,770 K.
