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

Today, Algonquin Power and Utilities Corp shares closed at $8.46 after opening the day at $8.22. prices ranged from $8.17 to $8.51.

Shares eased -0.94% from the previous day's close of $8.54.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 3,795,605 shares was traded during the session, with total trades of 5,823, while having an average volume of 2,343,434 over 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, AQN.TO has traded as high as $10.66 (August 08,2023) and low as $6.75 (October 23,2023). Moreover, the shares have decreased -18.58% in 52 weeks, while in 2024, they have raised 1.20%.

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 $5.89 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.

Currently, Algonquin Power and Utilities Corp's consensus rating is "Moderate Buy" based on 9 analysts according to Zacks. From those 9 analysts, 3 have buy ratings and 6 analysts gave hold ratings.

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..