AES Corp (NYSE:AES) shares, rose in value, with the stock price up by 0.43% to the previous day’s close as strong demand from buyers drove the stock to $16.49.
Actively observing the price movement in the last trading, the stock closed the session at $16.42, falling within a range of $16.35 and $16.61. The value of beta (5-year monthly) was 1.07 whereas the PE ratio was 15.73 over 12-month period. Referring to stock’s 52-week performance, its high was $22.21, and the low was $14.67. On the whole, AES has fluctuated by -17.09% over the past month.
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With the market capitalization of AES Corp currently standing at about $11.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.68, with its dividend yield at 4.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.04B, with a low estimate of 3.15B and a high estimate of 3.74B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.46B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AES’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.50, with the price of AES currently trading nearly -5.03% and -8.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.54, while the 7-day volatility ratio is showing 2.03% which for the 30-day chart, stands at 2.68%. Furthermore, AES Corp (AES)’s beta value is 1.07, and its average true range (ATR) is 0.48.
A comparison of AES Corp (AES) with its peers suggests the former has fared considerably weaker in the market. AES showed an intraday change of 0.43% in last session, and over the past year, it grew by 10.67%%.
Data on historical trading for AES Corp (NYSE:AES) indicates that the trading volumes over the past 10 days have averaged 8.87 and over the past 3 months, they’ve averaged 8.28 million. According to company’s latest data on outstanding shares, there are 710.92 million shares outstanding.
Nearly 0.22% of AES Corp’s shares belong to company insiders and institutional investors own 97.66% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.33 million shares as on 2024-10-15, resulting in a short ratio of 2.48. According to the data, the short interest in AES Corp (AES) stood at 478.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 28.72 million. The stock has fallen by -14.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AES stock heading into the next quarter.
