In the last trading session, 5.5 million Algonquin Power & Utilities Corp (NYSE:AQN) shares changed hands as the company’s beta touched 0.70. With the company’s per share price at $5.67 changed hands at -$0.15 or -2.58% during last session, the market valuation stood at $4.04B. AQN’s last price was a discount, traded about -61.2% off its 52-week high of $9.14. The share price had its 52-week low at $4.90, which suggests the last value was 13.58% up since then. When we look at Algonquin Power & Utilities Corp’s average trading volume, we note the 3-month average coming to 4.92 million.
Algonquin Power & Utilities Corp (NYSE:AQN) trade information
Instantly AQN was in red as seen at the end of in last trading. With action -10.85%, the performance over the past five days has been red. The drop to weekly highs of 6.23 subtracted -2.58% to the stock’s daily price. The company’s shares are showing year-to-date downside of -10.28%, with the 5-day performance at -10.85% in the red. However, in the 30-day time frame, Algonquin Power & Utilities Corp (NYSE:AQN) is -6.13% down.
Algonquin Power & Utilities Corp (AQN) estimates and forecasts
Data shows that the Algonquin Power & Utilities Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -1.22% over the past 6 months, a -5.66% in annual growth rate that is considerably lower than the industry average of 6.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -40.16%. The 2024 estimates are for Algonquin Power & Utilities Corp earnings to decrease by -3.10%, but the outlook for the next 5-year period is at 4.30% per year.
AQN Dividends
Algonquin Power & Utilities Corp is expected to release its next quarterly earnings report in May. The 7.65% annual yield figure for the share gives it an annual dividend of 0.43. It is important to note, however, that the 7.65% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
