American Electric Power Company Inc (NASDAQ:AEP) shares, rose in value on Wednesday, January 22, with the stock price down by -0.33% to the previous day’s close as strong demand from buyers drove the stock to $97.49.
Actively observing the price movement in the last trading, the stock closed the session at $97.81, falling within a range of $96.85 and $98.13. The value of beta (5-year monthly) was 0.539 whereas the PE ratio was 19.57 over 12-month period. Referring to stock’s 52-week performance, its high was $105.18, and the low was $75.22. On the whole, AEP has fluctuated by 7.24% over the past month.
With the market capitalization of American Electric Power Company Inc currently standing at about $51.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.57, with its dividend yield at 3.66%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 20.04B, with a low estimate of 4.65B and a high estimate of 5.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.91B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AEP’s technical picture suggests that short-term indicators denote the stock is a 50% 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% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.03, with the price of AEP currently trading nearly 4.22% and 2.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.92, while the 7-day volatility ratio is showing 1.42% which for the 30-day chart, stands at 1.66%. Furthermore, American Electric Power Company Inc (AEP)’s beta value is 0.57, and its average true range (ATR) is 1.61.
A comparison of American Electric Power Company Inc (AEP) with its peers suggests the former has fared considerably weaker in the market. AEP showed an intraday change of -0.33% in last session, and over the past year, it grew by 25.47%%.
Data on historical trading for American Electric Power Company Inc (NASDAQ:AEP) indicates that the trading volumes over the past 10 days have averaged 3.64 and over the past 3 months, they’ve averaged 2.93 million. According to company’s latest data on outstanding shares, there are 532.47 million shares outstanding.
Nearly 0.31% of American Electric Power Company Inc’s shares belong to company insiders and institutional investors own 77.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.08 million shares as on 2024-12-31, resulting in a short ratio of 4.03. According to the data, the short interest in American Electric Power Company Inc (AEP) stood at 189.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 8.18 million. The stock has risen by 5.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AEP stock heading into the next quarter.
