AES Corp (AES) Shares Rise Despite Market Challenges

FTEK

AES Corp (NYSE: AES)’s stock price has increased by 0.92 compared to its previous closing price of 13.04. However, the company has seen a -4.22% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-25 that VANCOUVER, British Columbia and BOSTON, Nov. 25, 2024 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a neuroscience-focused biopharmaceutical company dedicated to discovering, developing, and delivering life-changing therapeutics for patients in need, today announced multiple presentations at the upcoming American Epilepsy Society Annual Meeting (AES 2024), taking place December 6-10, 2024 at the Los Angeles Convention Center in Los Angeles, CA. Five posters will be presented, featuring new long-term data from the ongoing X-TOLE open-label extension study of azetukalner in patients with focal onset seizures (FOS), the mental health burden and comorbidity burdens of focal onset seizures, as well as new pre-clinical data from the Company’s early-stage Nav1.1 program.

Is It Worth Investing in AES Corp (NYSE: AES) Right Now?

AES Corp (NYSE: AES) has a higher price-to-earnings ratio of 9.15x compared to its average ratio. AES has 36-month beta value of 1.03. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for AES is 709.66M, and currently, short sellers hold a 3.14% ratio of that float. The average trading volume of AES on November 26, 2024 was 11.00M shares.

AES’s Market Performance

AES’s stock has seen a -4.22% decrease for the week, with a -22.41% drop in the past month and a -24.24% fall in the past quarter. The volatility ratio for the week is 3.43%, and the volatility levels for the past 30 days are at 4.00% for AES Corp The simple moving average for the past 20 days is -7.80% for AES’s stock, with a -24.84% simple moving average for the past 200 days.

Analysts’ Opinion of AES

Jefferies, on the other hand, stated in their research note that they expect to see AES reach a price target of $20. The rating they have provided for AES stocks is “Buy” according to the report published on September 11th, 2024.

AES Trading at -21.35% from the 50-Day Moving Average

After a stumble in the market that brought AES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.75% of loss for the given period.

Volatility was left at 4.00%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares sank -22.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.77% lower at present.

During the last 5 trading sessions, AES fell by -4.22%, which changed the moving average for the period of 200-days by -20.05% in comparison to the 20-day moving average, which settled at $14.27. In addition, AES Corp saw -31.64% 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 AES starting from Kohan Sherry, who sale 15,000 shares at the price of $20.35 back on Jun 06 ’24. After this action, Kohan Sherry now owns 43,334 shares of AES Corp, valued at $305,250 using the latest closing price.

Da Santos Bernerd, the EVP and President, Renewables of AES Corp, sale 66,250 shares at $21.15 during a trade that took place back on May 20 ’24, which means that Da Santos Bernerd is holding 300,672 shares at $1,401,188 based on the most recent closing price.

Stock Fundamentals for AES

Current profitability levels for the company are sitting at:

  • 0.17 for the present operating margin
  • 0.19 for the gross margin

The net margin for AES Corp stands at 0.08. The total capital return value is set at 0.06. Equity return is now at value 24.56, with 2.21 for asset returns.

Based on AES Corp (AES), the company’s capital structure generated 0.9 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 8.95. The interest coverage ratio of the stock is 1.44.

Currently, EBITDA for the company is 2.53 billion with net debt to EBITDA at 10.1. When we switch over and look at the enterprise to sales, we see a ratio of 3.0. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.

Conclusion

To put it simply, AES Corp (AES) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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