American Electric Power Company Inc. (NASDAQ: AEP) is 15.29% higher on its value in year-to-date trading and has touched a low of $69.38 and a high of $94.72 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 AEP stock was last observed hovering at around $94.35 in the last trading session, with the day’s loss setting it -0.71%.
Currently trading at $93.64, the stock is 4.59% and 4.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.05 million and changing -0.75% at the moment leaves the stock 13.04% off its SMA200. AEP registered 6.49% gain for a year compared to 6-month gain of 21.20%.
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 7.57% loss in the last 1 month and extending the period to 3 months gives it a 10.29%, and is 1.95% 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 1.62% over the week and 1.49% over the month.
American Electric Power Company Inc. (AEP) has around 17250 employees, a market worth around $49.36B and $19.63B in sales. Current P/E ratio is 17.41 and Fwd P/E is 15.69. Profit margin for the company is 14.33%. Distance from 52-week low is 34.97% and -1.14% from its 52-week high. The company has generated returns on investments over the last 12 months (4.33%).
The EPS is expected to grow by 6.98% this year.
American Electric Power Company Inc. (AEP) Top Institutional Holders
The shares outstanding are 527.12M, and float is at 526.72M with Short Float at 1.46%.
American Electric Power Company Inc. (AEP) Insider Activity
The most recent transaction is an insider sale by Smyth Antonio P,the company’sExecutive Vice President. SEC filings show that Smyth Antonio P sold 4,898 shares of the company’s common stock on Jun 05 ’24 at a price of $90.00 per share for a total of $0.44 million. Following the sale, the insider now owns 6446.0 shares.
American Electric Power Company Inc. disclosed in a document filed with the SEC on May 31 ’24 that Hall Greg B (Executive Vice President) sold a total of 5,880 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $88.25 per share for $0.52 million. Following the transaction, the insider now directly holds 6385.0 shares of the AEP stock.
