Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.08 and traded as high as C$7.88. Algonquin Power & Utilities shares last traded at C$7.83, with a volume of 1,602,358 shares.
Analyst Ratings Changes
Several analysts recently weighed in on AQN shares. TD Securities lifted their price objective on shares of Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the company a "hold" rating in a research report on Wednesday, June 4th. BMO Capital Markets cut Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. Finally, National Bank Financial downgraded Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 price objective for the company. in a research report on Tuesday, June 3rd. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of C$6.63.
Check Out Our Latest Report on Algonquin Power & Utilities
Algonquin Power & Utilities Stock Down 0.5%
The stock has a market cap of C$4.22 billion, a P/E ratio of -3.91, a price-to-earnings-growth ratio of 1.07 and a beta of 0.52. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 154.35. The stock's 50-day moving average is C$7.74 and its 200-day moving average is C$7.11.
Algonquin Power & Utilities Company Profile
(
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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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