American Electric Power Company Inc (NASDAQ: AEP) on Friday, plunged -0.15% from the previous trading day, before settling in for the closing price of $92.85. Within the past 52 weeks, AEP’s price has moved between $75.22 and $105.18.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 4.02%. The company achieved an average annual earnings per share of 7.16%. With a float of $530.94 million, this company’s outstanding shares have now reached $532.47 million.
The extent of productivity of a business whose workforce counts for 17250 workers is very important to gauge. In terms of profitability, gross margin is 54.6%, operating margin of 20.48%, and the pretax margin is 12.4%.
American Electric Power Company Inc (AEP) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of American Electric Power Company Inc is 0.30%, while institutional ownership is 77.50%. The most recent insider transaction that took place on Aug 01 ’24, was worth 318,435. Before that another transaction happened on Jul 30 ’24, when Company’s Officer proposed sale 5,274 for $97.98, making the entire transaction worth $516,747.
American Electric Power Company Inc (AEP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.49% 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
American Electric Power Company Inc (AEP) is currently performing well based on its current performance indicators. A quick ratio of 0.41 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 2.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.98, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 5.89 in one year’s time.
Technical Analysis of American Electric Power Company Inc (AEP)
The latest stats from [American Electric Power Company Inc, AEP] show that its last 5-days average volume of 2.28 million was inferior to 3.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.80%. Additionally, its Average True Range was 1.63.
During the past 100 days, American Electric Power Company Inc’s (AEP) raw stochastic average was set at 4.19%, which indicates a significant decrease from 6.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.06% in the past 14 days, which was lower than the 18.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.51, while its 200-day Moving Average is $93.04. Now, the first resistance to watch is $93.34. This is followed by the second major resistance level at $93.97. The third major resistance level sits at $94.55. If the price goes on to break the first support level at $92.12, it is likely to go to the next support level at $91.54. The third support level lies at $90.91 if the price breaches the second support level.
American Electric Power Company Inc (NASDAQ: AEP) Key Stats
Market capitalization of the company is 49.30 billion based on 532,120K outstanding shares. Right now, sales total 18,982 M and income totals 2,208 M. The company made 5,420 M in profit during its latest quarter, and 959,600 K in sales during its previous quarter.
