A new trading day began on Tuesday, with Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) stock price up 0.05% from the previous day of trading, before settling in for the closing price of $21.95. AY’s price has ranged from $16.82 to $23.47 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Utilities sector has jumped its sales by 1.48% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 32.43%. With a float of $67.05 million, this company’s outstanding shares have now reached $116.17 million.
In an organization with 1366 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 77.18%, operating margin of 24.55%, and the pretax margin is 3.86%.
Atlantica Sustainable Infrastructure Plc (AY) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Renewable Industry. The insider ownership of Atlantica Sustainable Infrastructure Plc is 42.27%, while institutional ownership is 48.46%.
Atlantica Sustainable Infrastructure Plc (AY) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 32.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.70% during the next five years compared to -2.09% drop over the previous five years of trading.
Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Trading Performance Indicators
Here are Atlantica Sustainable Infrastructure Plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68. Likewise, its price to free cash flow for the trailing twelve months is 6.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Atlantica Sustainable Infrastructure Plc (AY)
Let’s dig in a bit further. During the last 5-days, its volume was 0.86 million. That was inferior than the volume of 1.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.90%. Additionally, its Average True Range was 0.05.
During the past 100 days, Atlantica Sustainable Infrastructure Plc’s (AY) raw stochastic average was set at 32.08%, which indicates a significant increase from 16.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.24% in the past 14 days, which was lower than the 4.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.03, while its 200-day Moving Average is $21.13. However, in the short run, Atlantica Sustainable Infrastructure Plc’s stock first resistance to watch stands at $21.97. Second resistance stands at $21.98. The third major resistance level sits at $22.00. If the price goes on to break the first support level at $21.95, it is likely to go to the next support level at $21.93. The third support level lies at $21.92 if the price breaches the second support level.
Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Key Stats
With a market capitalization of 2.55 billion, the company has a total of 116,055K Shares Outstanding. Currently, annual sales are 1,100 M while annual income is 43,380 K. The company’s previous quarter sales were 347,550 K while its latest quarter income was 16,640 K.
