Assessing the Risk and Potential of Atlantica Sustainable Infrastructure Plc’s (AY) Stock

The stock of Atlantica Sustainable Infrastructure Plc (AY) has seen a 0.11% increase in the past week, with a -0.23% drop in the past month, and a -2.08% decrease in the past quarter. The volatility ratio for the week is 0.25%, and the volatility levels for the past 30 days are at 0.32% for AY. The simple moving average for the last 20 days is 0.25% for AY stock, with a simple moving average of 9.30% for the last 200 days.

Is It Worth Investing in Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Right Now?

Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) has a higher price-to-earnings ratio of 65.34x compared to its average ratio, The 36-month beta value for AY is at 1.00. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for AY is 67.05M, and currently, shorts hold a 2.35% of that float. The average trading volume for AY on August 21, 2024 was 1.56M shares.

AY) stock’s latest price update

Atlantica Sustainable Infrastructure Plc (NASDAQ: AY)’s stock price has increased by 0.14 compared to its previous closing price of 22.12. However, the company has seen a 0.11% increase in its stock price over the last five trading sessions. benzinga.com reported 2024-08-19 that During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Analysts’ Opinion of AY

Many brokerage firms have already submitted their reports for AY stocks, with UBS repeating the rating for AY by listing it as a “Neutral.” The predicted price for AY in the upcoming period, according to UBS is $22 based on the research report published on May 30, 2024 of the current year 2024.

AY Trading at 0.52% from the 50-Day Moving Average

After a stumble in the market that brought AY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.00% of loss for the given period.

Volatility was left at 0.32%, however, over the last 30 days, the volatility rate increased by 0.25%, as shares surge +0.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.54% upper at present.

During the last 5 trading sessions, AY rose by +0.11%, which changed the moving average for the period of 200-days by +19.09% in comparison to the 20-day moving average, which settled at $22.10. In addition, Atlantica Sustainable Infrastructure Plc saw 3.02% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AY

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.66 for the gross margin

The net margin for Atlantica Sustainable Infrastructure Plc stands at 0.03. The total capital return value is set at 0.03. Equity return is now at value 2.42, with 0.40 for asset returns.

Based on Atlantica Sustainable Infrastructure Plc (AY), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 3.98. The interest coverage ratio of the stock is 0.7.

Currently, EBITDA for the company is 667.79 million with net debt to EBITDA at 7.32. When we switch over and look at the enterprise to sales, we see a ratio of 6.78. The receivables turnover for the company is 3.33for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.

Conclusion

In conclusion, Atlantica Sustainable Infrastructure Plc (AY) 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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