Atlantic Power Corporation (NYSE:AT) went up by 6.49% from its latest closing price when compared to the 1-year high value of $2.65 and move down -34.52%, while AT stocks collected +5.35% of gains with the last five trading sessions. Press Release reported on 06/19/20 that Atlantic Power Corporation Announces Election of Directors and Results of Annual and Special Meeting of Shareholders
Atlantic Power Corporation (NYSE:AT) Worth an Investment?
Atlantic Power Corporation (NYSE: AT) The 36 Months beta value for AT stocks is at 0.55, while of the analysts out of 0 who provided ratings for Atlantic Power Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $2.50 which is $0.52 above current price. AT currently has a short float of 1.24% and public float of 89.34M with average trading volume of 673.76K shares.
AT Market Performance
AT stocks went up by 5.35% for the week, with the monthly drop of -6.19% and a quarterly performance of -6.64%, while its annual performance rate touched -18.60%. The simple moving average for the period of the last 20 days is -1.30% for AT stocks with the simple moving average of -11.57% for the last 200 days.
Analysts’ Opinion on Atlantic Power Corporation (NYSE:AT)
Many brokerage firms have already submitted their reports for AT stocks, with National Bank Financial repeating the rating for AT shares by setting it to “Sector Perform”. The predicted price for AT socks in the upcoming period according to National Bank Financial is $53 based on the research report published on April 30, 2020.
National Bank Financial, on the other hand, stated in their research note that they expect to see AT stock at the price of $53. The rating they have provided for AT stocks is “Sector Perform” according to the report published on May 3, 2019.
National Bank Financial gave “ Underperform” rating to AT stocks, setting the target price at $53 in the report published on March 5, 2019.
AT Stocks -0.73% Far from 50 Day Moving Average
After a stumble in the market that brought AT to its low price for the period of the last 52 weeks, Atlantic Power Corporation was unable to take a rebound, for now settling with -25.66% of loss for the given period.
The stock volatility was left at 3.63%, however, within the period of a single month, the volatility rate increased by 3.90%, while the shares sank at the distance of -5.29% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -5.74% lower at the present time.
In the course of the last 5 trading sessions, AT went up by +5.35%, which changed the moving average for the period of 200 days to the total of -18.93% of losses for the stock in comparison to the 20-day moving average settled at $1.9905. In addition, Atlantic Power Corporation saw -15.45% in overturn over the period of a single year with a tendency to cut further losses.
AT Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Atlantic Power Corporation (AT), starting from Howell Kevin, who bought 800 shares at the price of $1.86 back on Jun 24. After this action, Rushing now owns 193,000 shares of Atlantic Power Corporation, valued at $1,488 with the latest closing price.
Ronan Terrence, the Chief Financial Officer of Atlantic Power Corporation, bought 2,600 shares at the value of $1.85 during a trade that took place back on Jun 24, which means that Ronan Terrence is holding 550,752 shares at the value of $4,810 based on the most recent closing price.
AT Stock Fundamentals
The current profitability levels are settled at +18.82 for the present operating margin and +27.31 for gross margin. The net margin for Atlantic Power Corporation stands at -15.55. Total capital return value is set at 6.31, while invested capital returns managed to touch -5.79. Equity return holds the value 167.30%, with -2.30% for asset returns.
Based on Atlantic Power Corporation (AT), the company’s capital structure generated 463.18 points for debt to equity in total, while total debt to capital is set at the value of 82.24.
The value for Enterprise to Sales is 2.59 with debt to enterprise value settled at 0.64. The receivables turnover for Atlantic Power Corporation is 6.82 with the total asset turnover at the value of 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.