Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.80 and traded as high as C$7.48. Algonquin Power & Utilities shares last traded at C$7.44, with a volume of 1,724,932 shares.
Algonquin Power & Utilities Stock Performance
The stock has a 50-day moving average price of C$7.24 and a 200 day moving average price of C$6.82. The firm has a market cap of C$4.53 billion, a PE ratio of -4.19, a P/E/G ratio of 1.07 and a beta of 0.52. The company has a debt-to-equity ratio of 154.35, a current ratio of 0.92 and a quick ratio of 0.37.
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 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 in the previous year, the business earned $0.16 EPS. Research analysts forecast that Algonquin Power & Utilities Corp. will post 0.4650555 earnings per share for the current year.
Insider Activity at Algonquin Power & Utilities
In other news, Director Randy David Laney bought 9,795 shares of Algonquin Power & Utilities stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of C$7.02 per share, with a total value of C$68,803.21. 0.06% of the stock is owned by insiders.
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.
Further Reading
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.