Algonquin Power & Utilities (TSE:AQN) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Posted by Caroline Horne on Mar 21st, 2025

Algonquin Power & Utilities Corp. (TSE:AQN – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.81 and traded as high as C$7.38. Algonquin Power & Utilities shares last traded at C$7.37, with a volume of 1,730,818 shares changing hands.

Algonquin Power & Utilities Stock Performance

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 firm has a market cap of C$3.98 billion, a PE ratio of -3.68, a PEG ratio of 1.07 and a beta of 0.52. The firm has a fifty day simple moving average of C$6.71 and a two-hundred day simple moving average of C$6.81.

Algonquin Power & Utilities (TSE:AQN – Get Free Report) last released its quarterly earnings results on Friday, March 7th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same quarter in the prior year, the company earned $0.16 earnings per share. Equities analysts forecast that Algonquin Power & Utilities Corp. will post 0.4650555 EPS for the current year.

Insider Buying and Selling

In other news, Director Randy David Laney acquired 9,795 shares of Algonquin Power & Utilities stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of C$7.02 per share, for a total transaction of C$68,803.21. 0.06% of the stock is owned by company insiders.

Algonquin Power & Utilities Company Profile

(Get Free Report)

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.