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Algonquin Power & Utilities Corp. (AQN) and the Battle of Fundamentals vs. Technicals

Algonquin Power & Utilities Corp. (NYSE:AQN) went up by 1.67% from its latest closing price compared to the recent 1-year high of $16.01. The company’s stock price has collected 9.61% of gains in the last five trading sessions.

Is It Worth Investing in Algonquin Power & Utilities Corp. (NYSE :AQN) Right Now?

Algonquin Power & Utilities Corp. (NYSE:AQN) scored a price-to-earnings ratio above its average ratio, recording 110.61 x from its present earnings ratio. Plus, the 36-month beta value for AQN is at 0.28. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for Algonquin Power & Utilities Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 2 as “sell.”

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The average price from analysts is $8.43, which is $2.34 above the current price. AQN currently public float of 673.20M and currently shorts hold a 5.63% ratio of that float. Today, the average trading volume of AQN was 7.10M shares.

AQN’s Market Performance

AQN stocks went up by 9.61% for the week, with a monthly jump of 8.79% and a quarterly performance of -29.33%, while its annual performance rate touched -48.52%. The volatility ratio for the week stands at 4.34% while the volatility levels for the past 30 days are set at 3.79% for Algonquin Power & Utilities Corp. The simple moving average for the period of the last 20 days is 5.77% for AQN stocks with a simple moving average of -38.85% for the last 200 days.

AQN Trading at -2.15% from the 50-Day Moving Average

After a stumble in the market that brought AQN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.40% of loss for the given period.

Volatility was left at 3.79%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares surge +8.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.35% lower at present.

During the last 5 trading sessions, AQN rose by +9.61%, which changed the moving average for the period of 200-days by -53.59% in comparison to the 20-day moving average, which settled at $6.93. In addition, Algonquin Power & Utilities Corp. saw 11.96% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AQN

Current profitability levels for the company are sitting at:

  • +15.15 for the present operating margin
  • +18.14 for the gross margin

The net margin for Algonquin Power & Utilities Corp. stands at +11.89. Equity return is now at value 0.50, with 0.20 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.

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