Avista Corp (NYSE:AVA) shares, rose in value on Friday, March 07, with the stock price up by 1.64% to the previous day’s close as strong demand from buyers drove the stock to $39.70.
Actively observing the price movement in the last trading, the stock closed the session at $39.06. The PE ratio was 17.42 over 12-month period. Referring to stock’s 52-week performance, its high was $40.21, and the low was $33.00. On the whole, AVA has fluctuated by 7.73% over the past month.
With the market capitalization of Avista Corp currently standing at about $3.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.92, with its dividend yield at 4.82%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.83B, with a low estimate of 636.29M and a high estimate of 636.29M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 636.29M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AVA’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 50% Sell 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 2.27, with the price of AVA currently trading nearly 3.63% and 6.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.85, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 1.90%. Furthermore, Avista Corp (AVA)’s beta value is 0.41, and its average true range (ATR) is 0.75.
A comparison of Avista Corp (AVA) with its peers suggests the former has fared considerably weaker in the market. AVA showed an intraday change of 1.64% in last session, and over the past year, it grew by 18.51%%.
Data on historical trading for Avista Corp (NYSE:AVA) indicates that the trading volumes over the past 3 months, they’ve averaged 555.54K. According to company’s latest data on outstanding shares, there are 80.04 million shares outstanding.
Nearly 1.02% of Avista Corp’s shares belong to company insiders and institutional investors own 87.57% of the company’s shares. The stock has risen by 8.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AVA stock heading into the next quarter.
