A new trading day began on Friday, with Algonquin Power & Utilities Corp (NYSE: AQN) stock price up 9.09% from the previous day of trading, before settling in for the closing price of $5.72. AQN’s price has ranged from $4.19 to $6.24 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 4.50%. With a float of $767.08 million, this company’s outstanding shares have now reached $768.15 million.
Algonquin Power & Utilities Corp (AQN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Diversified Industry. The insider ownership of Algonquin Power & Utilities Corp is 3.03%, while institutional ownership is 66.47%.
Algonquin Power & Utilities Corp (AQN) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.06 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
Algonquin Power & Utilities Corp (NYSE: AQN) Trading Performance Indicators
Here are Algonquin Power & Utilities Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.37 in one year’s time.
Technical Analysis of Algonquin Power & Utilities Corp (AQN)
Analysing the last 5-days average volume posted by the [Algonquin Power & Utilities Corp, AQN], we can find that recorded value of 7.27 million was lower than the volume posted last year of 8.97 million. As of the previous 9 days, the stock’s Stochastic %D was 59.86%.
During the past 100 days, Algonquin Power & Utilities Corp’s (AQN) raw stochastic average was set at 79.31%, which indicates a significant increase from 76.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.15 in the past 14 days, which was higher than the 0.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.68, while its 200-day Moving Average is $5.46. Now, the first resistance to watch is $6.51. This is followed by the second major resistance level at $6.78. The third major resistance level sits at $7.09. If the price goes on to break the first support level at $5.94, it is likely to go to the next support level at $5.63. Should the price break the second support level, the third support level stands at $5.36.
Algonquin Power & Utilities Corp (NYSE: AQN) Key Stats
With a market capitalization of 4.94 billion, the company has a total of 768,154K Shares Outstanding. Currently, annual sales are 2,320 M while annual income is -1,381 M. The company’s previous quarter sales were 527,800 K while its latest quarter income was 24,100 K.
