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As of close of business last night, Algonquin Power & Utilities Corp’s stock clocked out at $6.20, down -1.43% from its previous closing price of $6.29. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 7.72 million shares were traded. AQN stock price reached its highest trading level at $6.27 during the session, while it also had its lowest trading level at $6.13.
Ratios:
To gain a deeper understanding of AQN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.82.
On January 08, 2024, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $7 to $7.50.
BofA Securities Downgraded its Buy to Neutral on April 18, 2023, whereas the target price for the stock was revised from $9 to $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AQN now has a Market Capitalization of 4280560384 and an Enterprise Value of 15167944704. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 5.71 whereas that against EBITDA is 15.899.
Stock Price History:
The Beta on a monthly basis for AQN is 0.72, which has changed by -0.22249693 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, AQN has reached a high of $8.49, while it has fallen to a 52-week low of $4.90. The 50-Day Moving Average of the stock is -0.32%, while the 200-Day Moving Average is calculated to be 2.71%.
Shares Statistics:
It appears that AQN traded 5.99M shares on average per day over the past three months and 5690000 shares per day over the past ten days. A total of 789.69M shares are outstanding, with a floating share count of 765.93M. Insiders hold about 3.01% of the company’s shares, while institutions hold 55.68% stake in the company. Shares short for AQN as of 1719532800 were 20897765 with a Short Ratio of 3.49, compared to 1717113600 on 16215603.
Dividends & Splits
With its trailing 12-month dividend rate of 0.434, AQN has a forward annual dividend rate of 0.43. Against a Trailing Annual Dividend Yield of 0.06899841The stock’s 5-year Average Dividend Yield is 5.56.
