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Is a Correction Looming Ahead for Ameren Corporation (AEE)

Ameren Corporation (NYSE:AEE) went down by -0.77% from its latest closing price compared to the recent 1-year high of $99.20. The company’s stock price has collected -0.51% of loss in the last five trading sessions. The Wall Street Journal reported on 06/10/22 that Old Coal Plant Neared Retirement; Now It’s Needed to Avert Blackouts

Is It Worth Investing in Ameren Corporation (NYSE :AEE) Right Now?

Ameren Corporation (NYSE:AEE) scored a price-to-earnings ratio above its average ratio, recording 23.46 x from its present earnings ratio. Plus, the 36-month beta value for AEE is at 0.36. Opinions of the stock are interesting as 8 analysts out of 16 who provided ratings for Ameren Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $96.54, which is $4.83 above the current price. AEE currently public float of 257.12M and currently shorts hold a 1.19% ratio of that float. Today, the average trading volume of AEE was 1.46M shares.

AEE’s Market Performance

AEE stocks went down by -0.51% for the week, with a monthly jump of 3.48% and a quarterly performance of -2.42%, while its annual performance rate touched 7.44%. The volatility ratio for the week stands at 1.70% while the volatility levels for the past 30 days are set at 1.58% for Ameren Corporation. The simple moving average for the period of the last 20 days is 3.15% for AEE stocks with a simple moving average of 3.22% for the last 200 days.

Analysts’ Opinion of AEE

Many brokerage firms have already submitted their reports for AEE stocks, with UBS repeating the rating for AEE by listing it as a “Neutral.” The predicted price for AEE in the upcoming period, according to UBS is $96 based on the research report published on June 30th of the current year 2022.

Credit Suisse, on the other hand, stated in their research note that they expect to see AEE reach a price target of $104. The rating they have provided for AEE stocks is “Outperform” according to the report published on April 26th, 2022.

Goldman gave a rating of “Neutral” to AEE, setting the target price at $90 in the report published on June 16th of the previous year.

AEE Trading at 2.46% from the 50-Day Moving Average

After a stumble in the market that brought AEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.67% of loss for the given period.

Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.76% lower at present.

During the last 5 trading sessions, AEE fell by -0.51%, which changed the moving average for the period of 200-days by +10.78% in comparison to the 20-day moving average, which settled at $88.96. In addition, Ameren Corporation saw 2.90% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AEE starting from BIRK MARK C, who sale 4,000 shares at the price of $93.90 back on Jun 02. After this action, BIRK MARK C now owns 80,541 shares of Ameren Corporation, valued at $375,600 using the latest closing price.

MOEHN MICHAEL L, the Executive VP & CFO of Ameren Corporation, sale 2,630 shares at $95.32 during a trade that took place back on Jun 01, which means that MOEHN MICHAEL L is holding 148,060 shares at $250,692 based on the most recent closing price.

Stock Fundamentals for AEE

Current profitability levels for the company are sitting at:

  • +20.85 for the present operating margin
  • +28.86 for the gross margin

The net margin for Ameren Corporation stands at +15.48. Equity return is now at value 10.50, with 2.90 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.

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