The stock of Avista Corporation (AVA) has seen a 4.26% increase in the past week, with a 2.44% gain in the past month, and a -12.90% decrease in the past quarter. The volatility ratio for the week is 1.26%, and the volatility levels for the past 30 days are at 1.64% for AVA. The simple moving average for the past 20 days is 4.12% for AVA’s stock, with a -14.19% simple moving average for the past 200 days.
Is It Worth Investing in Avista Corporation (NYSE: AVA) Right Now?
Avista Corporation (NYSE: AVA) has a price-to-earnings ratio that is above its average at 18.06x. and a 36-month beta value of 0.51. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 1 as “sell.”
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The average price predicted for Avista Corporation (AVA) by analysts is $40.25, which is $5.22 above the current market price. The public float for AVA is 75.87M, and at present, short sellers hold a 2.70% of that float. On September 15, 2023, the average trading volume of AVA was 881.51K shares.
AVA) stock’s latest price update
The stock of Avista Corporation (NYSE: AVA) has increased by 1.55 when compared to last closing price of 34.25.Despite this, the company has seen a gain of 4.26% in its stock price over the last five trading days. Seeking Alpha reported 2023-08-22 that Avista Corporation is a regulated electric and natural gas utility operating in the Pacific Northwest states. The company enjoys stable revenue and cash flow due to customers considering its product a necessity. Avista Corporation has plans to invest in infrastructure upgrades and expects to grow its rate base and earnings per share.
AVA Trading at -3.80% from the 50-Day Moving Average
After a stumble in the market that brought AVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.20% of loss for the given period.
Volatility was left at 1.64%, however, over the last 30 days, the volatility rate increased by 1.26%, as shares surge +2.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.14% lower at present.
During the last 5 trading sessions, AVA rose by +4.26%, which changed the moving average for the period of 200-days by -15.17% in comparison to the 20-day moving average, which settled at $33.44. In addition, Avista Corporation saw -21.56% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AVA starting from MORRIS SCOTT L, who purchase 3,100 shares at the price of $32.39 back on Aug 24. After this action, MORRIS SCOTT L now owns 128,169 shares of Avista Corporation, valued at $100,424 using the latest closing price.
MEYER DAVID J, the Vice President of Avista Corporation, sale 1,050 shares at $36.61 during a trade that took place back on Aug 09, which means that MEYER DAVID J is holding 4,677 shares at $38,440 based on the most recent closing price.
Stock Fundamentals for AVA
Current profitability levels for the company are sitting at:
- +11.12 for the present operating margin
- +17.80 for the gross margin
The net margin for Avista Corporation stands at +9.07. The total capital return value is set at 3.80, while invested capital returns managed to touch 3.45. Equity return is now at value 6.20, with 2.00 for asset returns.
Based on Avista Corporation (AVA), the company’s capital structure generated 125.22 points at debt to equity in total, while total debt to capital is 55.60. Total debt to assets is 37.67, with long-term debt to equity ratio resting at 104.48. Finally, the long-term debt to capital ratio is 46.39.
When we switch over and look at the enterprise to sales, we see a ratio of 3.21, with the company’s debt to enterprise value settled at 0.48. The receivables turnover for the company is 6.59 and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
To sum up, Avista Corporation (AVA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
