For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Algonquin Power & Utilities Corp (NYSE: AQN) closed the day trading at $4.34 up 1.17% from the previous closing price of $4.29. In other words, the price has increased by $1.17 from its previous closing price. On the day, 6.47 million shares were traded. AQN stock price reached its highest trading level at $4.38 during the session, while it also had its lowest trading level at $4.29.
Ratios:
For a better understanding of AQN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.49.
Wells Fargo Downgraded its Overweight to Equal Weight on August 12, 2024, whereas the target price for the stock was revised from $8.50 to $6.
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 3329786880 and an Enterprise Value of 12451410944. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 4.763 whereas that against EBITDA is 13.019.
Stock Price History:
The Beta on a monthly basis for AQN is 0.74, which has changed by -0.2826087 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, AQN has reached a high of $6.79, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is -4.67%, while the 200-Day Moving Average is calculated to be -20.01%.
Shares Statistics:
Over the past 3-months, AQN traded about 6.06M shares per day on average, while over the past 10 days, AQN traded about 7907490 shares per day. A total of 767.15M shares are outstanding, with a floating share count of 766.41M. Insiders hold about 3.01% of the company’s shares, while institutions hold 59.23% stake in the company. Shares short for AQN as of 1736899200 were 18565946 with a Short Ratio of 3.06, compared to 1734048000 on 15266765.
Dividends & Splits
AQN’s forward annual dividend rate is 0.35, up from 0.391 a year ago. Against a Trailing Annual Dividend Yield of 0.09114219The stock’s 5-year Average Dividend Yield is 5.93.
