AQN // Resistance breakdown requiredIn case of at least 2 closures above the wedge indicator, the targets are determined according to Fibonacci.
Key stats
Market capitalization
5.482BUSD
Dividends yield (FY)
9.00%
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.31USD
About Algonquin Power & Utilities Corp
ISIN
CA0158571053
Sector
Utilities
Industry
Electric Utilities
Website
algonquinpower.com
CEO
Arun Banskota
Headquarters
Oakville
Employees
3.951K
Founded
1988
Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the following business segments: Regulated Services Group, Renewable Energy Group, and Corporate. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission. The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets. The Corporate segment relates to other energy generation and water distribution related activities. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.
AQN LongAQN on TSX Looks ready to rock. Nice pull back, regained ma's and 236 of recent pull back. Target previous double top.
AQN undervalued5% Div Yld with Current Blended P/E at 19.70 versus 5Y avg pf 21.41. Current risks is the BBB credit rating as well as the 53% LT debt/capital; however, the 9% or so earnings growth rate for a utility is pretty solid.
AQN longAQN is stabilizing on down trend support level of channel that started during 2021 with strong support level on 14.2
Entry 14.5
Stop 14.2
Take profit 15.4
Algonquiin Power and Utilities Phone HomeNYSE:AQN
Algonquin Power and other utilities share price is improving likely due to sector rotation as investors seek safe harbor to park their money
AQN to test the weekly 200 soon?If we break lower from the flagging pattern it looks like we could be testing the weekly 200 before summer is over,
AQN - I love a good patternIt looks like 50-day EMA and 200-day EMA consolidate before the next move up. It might be a good time to short, or just put it on your watch list before the next break-out.
AQN outperforming/avwap support-For the last 2 months AQN has traded above the VWAPs from the significant highs and lows of the year
-During the same 2 month period, AQN has outperformed XLU and is now challenging its all time high in outperformance vs. XLU
-AQN has recently been outperforming SPY after breaking out of a downtren
Short Position Substantial Lower prior to Earnings - Strong Buy Wedge Formation intersecting on Earnings. Short position substantially lower prior to news release. Expectation is higher than suspected earnings. Expect a gap up.
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0