Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) is 2.88% higher on its value in year-to-date trading and has touched a low of $16.35 and a high of $23.57 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 AY stock was last observed hovering at around $22.13 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $22.12, the stock is 0.10% and 0.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -0.05% at the moment leaves the stock 9.26% off its SMA200. AY registered 1.65% gain for a year compared to 6-month gain of 14.67%.
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The stock witnessed a 0.27% loss in the last 1 month and extending the period to 3 months gives it a -2.25%, and is 0.00% down 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 0.24% over the week and 0.35% over the month.
Atlantica Sustainable Infrastructure Plc (AY) has around 1366 employees, a market worth around $2.57B and $1.12B in sales. Current P/E ratio is 65.25 and Fwd P/E is 34.28. Profit margin for the company is 3.59%. Distance from 52-week low is 35.29% and -6.13% from its 52-week high. The company has generated returns on investments over the last 12 months (0.64%).
with sales reaching $325.53M over the same period.The EPS is expected to grow by 37.61% this year, but quarterly earnings will post 7.00% year-over-year. Quarterly sales are estimated to shrink -0.30% in year-over-year returns.
Atlantica Sustainable Infrastructure Plc (AY) Top Institutional Holders
The shares outstanding are 116.16M, and float is at 67.05M with Short Float at 2.35%.
The top institutional shareholder in the company is LAZARD ASSET MANAGEMENT LLC with over 9.83 million shares valued at $$181.59 million. The investor’s holdings represent 8.4601 of the AY Shares outstanding. As of 2024-03-31, the second largest holder is MORGAN STANLEY with 5.16 million shares valued at $$95.43 million to account for 4.4456 of the shares outstanding. The other top investors are AMUNDI which holds 3.32 million shares representing 2.8608 and valued at over $$61.3 million, while INVESCO LTD. holds 2.7433 of the shares totaling 3.19 million with a market value of $$58.88 million.
