Algonquin Power & Utilities Corphares (NYSE:AQN)’s Stock Is Buy After Less Market Selling

September 16, 2018 - By Mona Holcomb

The stock of Algonquin Power & Utilities Corphares (NYSE:AQN) registered a decrease of 27.08% in short interest. AQN’s total short interest was 993,800 shares in September as published by FINRA. Its down 27.08% from 1.36M shares, reported previously. With 94,000 shares average volume, it will take short sellers 11 days to cover their AQN’s short positions.

The stock decreased 0.95% or $0.1 during the last trading session, reaching $10.45. About 92,622 shares traded. Algonquin Power & Utilities Corp. (NYSE:AQN) has declined 2.32% since September 16, 2017 and is downtrending. It has underperformed by 17.94% the S&P500.

Algonquin Power & Utilities Corp., through its subsidiaries, engages in the generation, transmission, and distribution of utility assets in North America. The company has market cap of $4.98 billion. The firm generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It has a 76.28 P/E ratio. It owns or has interests in hydroelectric facilities with a combined generating capacity of approximately 120 megawatts ; wind powered generating facilities with a combined generating capacity of 1,050 MW; and solar energy facilities with a combined generating capacity of 40 MW, as well as interests in thermal energy facilities with a combined generating capacity of 335 MW.

More important recent Algonquin Power & Utilities Corp. (NYSE:AQN) news were published by: Fool.ca which released: “Buy and Forget: Algonquin Power & Utilities Corp. (TSX:AQN)” on August 26, 2018, also Fool.ca published article titled: “3 Stocks to Buy Now and Never, Ever Sell”, Fool.ca published: “2 Top Dividend Stocks Worth Buying Through Your TFSA” on September 10, 2018. More interesting news about Algonquin Power & Utilities Corp. (NYSE:AQN) was released by: Fool.ca and their article: “3 High-Yield Stocks With Big Dividend Growth Potential” with publication date: September 14, 2018.

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