Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.17 and traded as high as C$7.95. Algonquin Power & Utilities shares last traded at C$7.91, with a volume of 1,345,273 shares trading hands.
Analyst Ratings Changes
Several analysts recently weighed in on AQN shares. TD Securities boosted their price objective on Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the company a "hold" rating in a report on Wednesday, June 4th. National Bank Financial lowered Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 target price for the company. in a research report on Tuesday, June 3rd. Finally, BMO Capital Markets lowered Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 12th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, Algonquin Power & Utilities currently has an average rating of "Hold" and an average price target of C$6.63.
View Our Latest Analysis on AQN
Algonquin Power & Utilities Price Performance
The company has a debt-to-equity ratio of 154.35, a current ratio of 0.92 and a quick ratio of 0.37. The firm has a market cap of C$4.32 billion, a price-to-earnings ratio of -4.00, a price-to-earnings-growth ratio of 1.07 and a beta of 0.52. The stock's fifty day moving average price is C$7.80 and its 200-day moving average price is C$7.17.
About Algonquin Power & Utilities
(
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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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