Algonquin Power & Utilities Corp (AQN) EPS is poised to hit 0.09 next quarter: How Investors Can Make It Count the Most?

Witnessing the stock’s movement on the chart, on Thursday, Algonquin Power & Utilities Corp (NYSE: AQN) had a quiet start as it plunged -0.23% to $4.31, before settling in for the price of $4.32 at the close. Taking a more long-term approach, AQN posted a 52-week range of $4.32-$6.79.

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

The Utilities Sector giants’ yearly sales growth during the last 5-year period was 11.39%. Meanwhile, its Annual Earning per share during the time was -40.16%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -26.71%. This publicly-traded company’s shares outstanding now amounts to $767.15 million, simultaneously with a float of $766.46 million. The organization now has a market capitalization sitting at $3.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.81, while the 200-day Moving Average is $5.65.

Algonquin Power & Utilities Corp (AQN) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Renewable industry. Algonquin Power & Utilities Corp’s current insider ownership accounts for 3.01%, in contrast to 59.40% institutional ownership.

Algonquin Power & Utilities Corp (AQN) Earnings and Revenue Records

Algonquin Power & Utilities Corp’s EPS decrease for this current 12-month fiscal period is -26.71% and is forecasted to reach 0.30 in the upcoming year.

Algonquin Power & Utilities Corp (NYSE: AQN) Trading Performance Indicators

Let’s observe the current performance indicators for Algonquin Power & Utilities Corp (AQN). It’s Quick Ratio in the last reported quarter now stands at 0.73. The Stock has managed to achieve an average true range (ATR) of 0.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.33.

In the same vein, AQN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.30, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.30 at the market close of one year from today.

Technical Analysis of Algonquin Power & Utilities Corp (AQN)

Going through the that latest performance of [Algonquin Power & Utilities Corp, AQN]. Its last 5-days volume of 5.95 million indicated improvement to the volume of 5.58 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 9.91% While, its Average True Range was 0.13.

Raw Stochastic average of Algonquin Power & Utilities Corp (AQN) in the period of the previous 100 days is set at 0.97%, which indicates a major fall in contrast to 2.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.80% that was lower than 33.04% volatility it exhibited in the past 100-days period.