Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$7.81 and traded as high as C$8.31. Algonquin Power & Utilities shares last traded at C$8.11, with a volume of 3,208,351 shares changing hands.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. TD Securities reduced their price objective on shares of Algonquin Power & Utilities from C$6.50 to C$6.00 and set a "hold" rating on the stock in a research report on Monday, August 11th. Desjardins upgraded shares of Algonquin Power & Utilities from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, September 30th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Algonquin Power & Utilities presently has an average rating of "Hold" and an average price target of C$6.38.
View Our Latest Analysis on Algonquin Power & Utilities
Algonquin Power & Utilities Price Performance
The firm's 50-day moving average is C$7.92 and its two-hundred day moving average is C$7.81. The company has a market cap of C$6.23 billion, a P/E ratio of -4.27, a PEG ratio of 1.07 and a beta of 0.82. 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 Company Profile
(
Get Free Report)
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
