Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$6.03 and last traded at C$6.14, with a volume of 1155091 shares trading hands. The stock had previously closed at C$6.18.
Algonquin Power & Utilities Stock Down 0.5 %
The company has a market cap of C$4.72 billion, a PE ratio of 27.95, a P/E/G ratio of 1.07 and a beta of 0.52. The firm has a 50-day simple moving average of C$6.55 and a two-hundred day simple moving average of C$7.27. The company has a debt-to-equity ratio of 108.48, a current ratio of 0.97 and a quick ratio of 0.37.
Algonquin Power & Utilities Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.088 per share. This represents a $0.35 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Tuesday, December 31st. Algonquin Power & Utilities's dividend payout ratio is presently 163.64%.
Insider Activity at Algonquin Power & Utilities
In related news, Director Dilek Samil sold 17,400 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of C$6.46, for a total transaction of C$112,421.40. Also, Director David Levenson purchased 62,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was acquired at an average price of C$6.45 per share, with a total value of C$399,900.00. 0.06% of the stock is currently owned by corporate insiders.
About Algonquin Power & Utilities
(
Get Free Report)
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
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