Free Trial

Algonquin Power & Utilities (TSE:AQN) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Algonquin Power & Utilities logo with Utilities background
Remove Ads

Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$6.81 and traded as high as C$7.38. Algonquin Power & Utilities shares last traded at C$7.37, with a volume of 1,730,818 shares trading hands.

Algonquin Power & Utilities Stock Performance

The company has a market cap of C$3.98 billion, a P/E ratio of -3.68, a price-to-earnings-growth ratio of 1.07 and a beta of 0.52. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35. The stock's 50-day moving average price is C$6.74 and its 200 day moving average price is C$6.81.

Algonquin Power & Utilities (TSE:AQN - Get Free Report) last announced its quarterly earnings data on Friday, March 7th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same quarter last year, the company posted $0.16 earnings per share. As a group, research analysts expect that Algonquin Power & Utilities Corp. will post 0.4650555 EPS for the current fiscal year.

Insider Transactions at Algonquin Power & Utilities

In other Algonquin Power & Utilities news, Director Randy David Laney purchased 9,795 shares of the firm's stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$7.02 per share, for a total transaction of C$68,803.21. 0.06% of the stock is currently owned by corporate insiders.

Remove Ads

Algonquin Power & Utilities Company Profile

(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.

Featured Articles

Should You Invest $1,000 in Algonquin Power & Utilities Right Now?

Before you consider Algonquin Power & Utilities, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Algonquin Power & Utilities wasn't on the list.

While Algonquin Power & Utilities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Quantum Stocks Are Heating Up Again — 7 to Watch Now

Quantum Stocks Are Heating Up Again — 7 to Watch Now

After a brief dip earlier this year, fresh momentum has reignited interest; from penny plays to tech giants, these quantum stocks could lead the next surge.

Related Videos

Quantum Stocks Are Heating Up Again — 7 to Watch Now
Elon Musk’s First 100 Days of DOGE: 3 AI Stocks Ready to Soar
Elon Musk’s First 100 Days of DOGE: 3 AI Stocks Ready to Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads