AES Corp (NYSE: AES) on Monday, plunged -1.87% from the previous trading day, before settling in for the closing price of $10.72. Within the past 52 weeks, AES’s price has moved between $9.46 and $20.30.
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A company in the Utilities sector has jumped its sales by 39.18% annually for the last half of the decade. The company achieved an average annual earnings per share of 0.46%. With a float of $708.34 million, this company’s outstanding shares have now reached $711.91 million.
In an organization with 9100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.62%, operating margin of 15.19%, and the pretax margin is 4.91%.
AES Corp (AES) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. The insider ownership of AES Corp is 0.50%, while institutional ownership is 90.50%.
AES Corp (AES) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 0.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.79% during the next five years compared to 39.18% growth 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 0.78 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 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.83, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of AES Corp (AES)
Let’s dig in a bit further. During the last 5-days, its volume was 15.07 million. That was inferior than the volume of 15.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.73%.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 28.08%, which indicates a significant decrease from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.12% in the past 14 days, which was lower than the 53.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.66, while its 200-day Moving Average is $12.91. However, in the short run, AES Corp’s stock first resistance to watch stands at $10.72. Second resistance stands at $10.93. The third major resistance level sits at $11.28. If the price goes on to break the first support level at $10.17, it is likely to go to the next support level at $9.82. The third support level lies at $9.61 if the price breaches the second support level.
AES Corp (NYSE: AES) Key Stats
Market capitalization of the company is 7.49 billion based on 711,923K outstanding shares. Right now, sales total 12,278 M and income totals 1,679 M. The company made 2,926 M in profit during its latest quarter, and 46,000 K in sales during its previous quarter.