Atlantica Sustainable Infrastructure plc (NASDAQ:AY - Get Free Report) saw strong trading volume on Monday . 611,976 shares changed hands during mid-day trading, a decline of 49% from the previous session's volume of 1,210,684 shares.The stock last traded at $22.08 and had previously closed at $22.08.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on Atlantica Sustainable Infrastructure in a report on Tuesday, October 29th. They issued a "sell" rating on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $22.20.
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Atlantica Sustainable Infrastructure Price Performance
The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.30 and a current ratio of 1.35. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 66.94, a P/E/G ratio of 2.15 and a beta of 1.03. The company has a 50-day moving average of $21.97 and a 200-day moving average of $21.90.
Atlantica Sustainable Infrastructure (NASDAQ:AY - Get Free Report) last released its earnings results on Thursday, August 1st. The utilities provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). The firm had revenue of $328.26 million during the quarter, compared to analysts' expectations of $315.07 million. Atlantica Sustainable Infrastructure had a return on equity of 2.54% and a net margin of 3.59%. As a group, equities research analysts expect that Atlantica Sustainable Infrastructure plc will post 0.28 earnings per share for the current fiscal year.
Institutional Trading of Atlantica Sustainable Infrastructure
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Insight Folios Inc grew its stake in shares of Atlantica Sustainable Infrastructure by 2.4% during the 3rd quarter. Insight Folios Inc now owns 24,655 shares of the utilities provider's stock valued at $542,000 after buying an additional 576 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in shares of Atlantica Sustainable Infrastructure by 3.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,389 shares of the utilities provider's stock valued at $382,000 after buying an additional 637 shares during the period. Private Advisor Group LLC grew its stake in shares of Atlantica Sustainable Infrastructure by 4.3% during the 1st quarter. Private Advisor Group LLC now owns 20,918 shares of the utilities provider's stock valued at $387,000 after buying an additional 864 shares during the period. Covestor Ltd grew its stake in shares of Atlantica Sustainable Infrastructure by 12.8% during the 1st quarter. Covestor Ltd now owns 9,385 shares of the utilities provider's stock valued at $173,000 after buying an additional 1,064 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of Atlantica Sustainable Infrastructure by 4.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 28,801 shares of the utilities provider's stock valued at $532,000 after buying an additional 1,132 shares during the period. 40.53% of the stock is owned by hedge funds and other institutional investors.
About Atlantica Sustainable Infrastructure
(
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Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.
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