Algonquin Power Utilities Stock Today
| AQN Stock | CAD 6.95 0.07 1.02% |
Performance0 of 100
| Odds Of DistressLess than 41
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Algonquin Power is selling at 6.95 as of the 30th of November 2024; that is 1.02% increase since the beginning of the trading day. The stock's open price was 6.88. Algonquin Power has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Algonquin Power Utilities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Utilities |
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. The company has 767.23 M outstanding shares of which 21.77 M shares are presently shorted by private and institutional investors with about 8.74 days to cover all short positions. More on Algonquin Power Utilities
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Algonquin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Algonquin Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Algonquin Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ian Robertson | ||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Energy, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) | ||||
Algonquin Power's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Algonquin Power's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsAlgonquin Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Algonquin Power's financial leverage. It provides some insight into what part of Algonquin Power's total assets is financed by creditors.
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Algonquin Power Utilities (AQN) is traded on Toronto Exchange in Canada and employs 3,946 people. Algonquin Power is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algonquin Power's market, we take the total number of its shares issued and multiply it by Algonquin Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Algonquin Power Utilities operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 767.23 M outstanding shares of which 21.77 M shares are presently shorted by private and institutional investors with about 8.74 days to cover all short positions.
Algonquin Power Utilities has accumulated about 57.62 M in cash with 628.03 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
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Ownership AllocationAlgonquin Power holds a total of 767.23 Million outstanding shares. Over half of Algonquin Power's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Algonquin Power. Please watch out for any change in the institutional holdings of Algonquin Power Utilities as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Algonquin Power Utilities Risk Profiles
Although Algonquin Power's alpha and beta are two of the key measurements used to evaluate Algonquin Power's performance over the market, the standard measures of volatility play an important role as well.
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Algonquin Power Corporate Directors
| David Laney | Independent Director | Profile | |
| Christopher Ball | Independent Director | Profile | |
| Masheed Saidi | Independent Director | Profile | |
| George Steeves | Independent Director | Profile |
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