Algonquin Power & Utilities Corp. (NYSE: AQN) is 18.10% higher on its value in year-to-date trading and has touched a low of $6.41 and a high of $16.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AQN stock was last observed hovering at around $7.52 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $7.70, the stock is 0.53% and 4.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.51 million and changing 2.39% at the moment leaves the stock -27.83% off its SMA200. AQN registered -48.94% loss for a year compared to 6-month loss of -44.76%.
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The stock witnessed a 3.63% gain in the last 1 month and extending the period to 3 months gives it a 7.09%, and is 0.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.19% over the week and 3.00% over the month.
Algonquin Power & Utilities Corp. (AQN) has around 3445 employees, a market worth around $7.33B and $3.62B in sales. Current P/E ratio is 113.24 and Fwd P/E is 12.88. Profit margin for the company is 1.10%. Distance from 52-week low is 20.22% and -51.91% from its 52-week high. The company has generated returns on investments over the last 12 months (3.80%).
Algonquin Power & Utilities Corp. is expected to release its quarterly report on 05/11/2023.The EPS is expected to shrink by -70.60% this year.
Algonquin Power & Utilities Corp. (AQN) Top Institutional Holders
The shares outstanding are 678.62M, and float is at 673.20M with Short Float at 3.85%.
Algonquin Power & Utilities Corp. (AQN): Who are the competitors?
The company’s main competitors (and peers) include PG&E Corporation (PCG) that is 48.33% higher over the past 12 months. American Water Works Company Inc. (AWK) is -9.48% down on the 1-year trading charts.