Insider’s View: Deciphering Algonquin Power & Utilities Corp (AQN)’s Financial Health Through Ratios

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The price of Algonquin Power & Utilities Corp (NYSE: AQN) closed at $5.67 in the last session, down -1.22% from day before closing price of $5.74. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 12.13 million shares were traded.

Ratios:

We take a closer look at AQN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.28.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 0.99.

Stock Price History:

Over the past 52 weeks, AQN has reached a high of $6.36, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is 1.81%, while the 200-Day Moving Average is calculated to be 12.58%.

Shares Statistics:

A total of 767.75M shares are outstanding, with a floating share count of 767.16M. Insiders hold about 2.99% of the company’s shares, while institutions hold 66.68% stake in the company.

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