AES Corp. (NYSE: AES) is -11.01% lower on its value in year-to-date trading and has touched a low of $11.43 and a high of $24.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AES stock was last observed hovering at around $16.70 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $17.13, the stock is -0.64% and 4.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.17 million and changing 2.57% at the moment leaves the stock -0.89% off its SMA200. AES registered -28.63% loss for a year compared to 6-month gain of 23.86%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.48% loss in the last 1 month and extending the period to 3 months gives it a 1.90%, and is 7.67% 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 3.14% over the week and 3.28% over the month.
AES Corp. (AES) has around 9600 employees, a market worth around $12.18B and $12.68B in sales. Current P/E ratio is 52.31 and Fwd P/E is 8.23. Profit margin for the company is 1.91%. Distance from 52-week low is 49.87% and -29.21% from its 52-week high. The company has generated returns on investments over the last 12 months (0.90%).
The EPS is expected to grow by 8.40% this year.
AES Corp. (AES) Top Institutional Holders
The shares outstanding are 710.81M, and float is at 707.72M with Short Float at 1.95%.
AES Corp. (AES) Insider Activity
The most recent transaction is an insider purchase by Falu Ricardo Manuel,the company’sEVP, COO, Pres. New Enrgy Tech. SEC filings show that Falu Ricardo Manuel bought 6 shares of the company’s common stock on Mar 12 ’24 at a price of $16.01 per share for a total of $96.0. Following the purchase, the insider now owns 84785.0 shares.
AES Corp. disclosed in a document filed with the SEC on Dec 28 ’23 that Falu Ricardo Manuel (EVP, COO, Pres. New Enrgy Tech) bought a total of 73 shares of the company’s common stock. The trade occurred on Dec 28 ’23 and was made at $19.21 per share for $1402.0. Following the transaction, the insider now directly holds 84779.0 shares of the AES stock.
Still, SEC filings show that on Dec 13 ’23, Mendoza Tish (EVP & Chief HR Officer) disposed off 21,594 shares at an average price of $18.95 for $0.41 million. The insider now directly holds 167,261 shares of AES Corp. (AES).
