, and the 36-month beta value for AQN is at 0.27. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for AQN is 673.20M, and currently, shorts hold a 3.91% of that float. The average trading volume for AQN on May 25, 2023 was 5.28M shares.
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AQN) stock’s latest price update
Algonquin Power & Utilities Corp. (NYSE: AQN)’s stock price has decreased by -0.58 compared to its previous closing price of 8.58. However, the company has seen a -0.47% decrease in its stock price over the last five trading sessions.
AQN’s Market Performance
AQN’s stock has fallen by -0.47% in the past week, with a monthly rise of 1.31% and a quarterly rise of 7.84%. The volatility ratio for the week is 1.56% while the volatility levels for the last 30 days are 2.25% for Algonquin Power & Utilities Corp. The simple moving average for the last 20 days is -0.82% for AQN stock, with a simple moving average of -8.48% for the last 200 days.
AQN Trading at 1.77% 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 -42.56% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares surge +2.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.78% upper at present.
During the last 5 trading sessions, AQN fell by -0.47%, which changed the moving average for the period of 200-days by -40.31% in comparison to the 20-day moving average, which settled at $8.61. In addition, Algonquin Power & Utilities Corp. saw 30.83% 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:
- +16.57 for the present operating margin
- +19.54 for the gross margin
The net margin for Algonquin Power & Utilities Corp. stands at -7.85. The total capital return value is set at 3.11, while invested capital returns managed to touch -1.75. Equity return is now at value -0.80, with -0.20 for asset returns.
Based on Algonquin Power & Utilities Corp. (AQN), the company’s capital structure generated 144.34 points at debt to equity in total, while total debt to capital is 59.07. Total debt to assets is 42.74, with long-term debt to equity ratio resting at 141.21. Finally, the long-term debt to capital ratio is 55.75.
When we switch over and look at the enterprise to sales, we see a ratio of 5.05, with the company’s debt to enterprise value settled at 0.54. The receivables turnover for the company is 5.74 and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
In conclusion, Algonquin Power & Utilities Corp. (AQN) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.