Closing Bell: Algonquin Power and Utilities Corp down on Wednesday (AQN)

Algonquin Power and Utilities Corp opened trading today at $8.64 and closed at $8.62. prices ranged from $8.56 to $8.76.

Shares dipped -0.12% from the previous day's close of $8.63.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Algonquin Power and Utilities Corp traded under AQN on the Toronto Stock Exchange (TSX).

A total of 2,562,367 shares was traded during the last trading day, with total trades of 3,099, while having an average volume of 1,654,435 in the last five days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, AQN.TO has traded as high as $10.91 (July 31,2023) and low as $6.75 (October 23,2023). Moreover, the shares have shrunken -20.11 percent in the last year, while this year, they have gained 3.11%.

It announced a 0.15 dividend on May 10/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Algonquin Power and Utilities Corp has a market capitalization of $5.95 billion on a float of 689,659 shares outstanding. Its annual EPS is $-0.49.

Algonquin Power and Utilities Corp is a TSX Utilities company headquartered in Oakville, CAN.

Algonquin Power and Utilities Corp's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. Currently, there are 3 buy ratings and 6 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..