American Electric Power Company Inc (NASDAQ:AEP) shares, rose in value on Thursday, February 13, with the stock price down by -1.33% to the previous day’s close as strong demand from buyers drove the stock to $100.99.
Actively observing the price movement in the last trading, the stock closed the session at $102.35. The PE ratio was 20.28 over 12-month period. Referring to stock’s 52-week performance, its high was $105.18, and the low was $77.51. On the whole, AEP has fluctuated by 6.87% over the past month.
With the market capitalization of American Electric Power Company Inc currently standing at about $53.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 3.62, with its dividend yield at 3.58%.
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 100% Buy 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.36, with the price of AEP currently trading nearly 1.74% and 5.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.58, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 2.00%. Furthermore, American Electric Power Company Inc (AEP)’s beta value is 0.50, and its average true range (ATR) is 1.96.
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 -1.33% in last session, and over the past year, it grew by 30.16%%.
Data on historical trading for American Electric Power Company Inc (NASDAQ:AEP) indicates that the trading volumes over the past 3 months, they’ve averaged 2.90 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 77.15% of the company’s shares. The stock has risen by 9.50% 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.
