Algonquin Power & Utilities Corp. (TSE:AQN) Director Randy David Laney Buys 9,795 Shares

Algonquin Power & Utilities Corp. (TSE:AQN) Director Randy David Laney acquired 9,795 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of C$7.02 per share, with a total value of C$68,803.21.

Algonquin Power & Utilities Stock Down 3.8 %

AQN stock opened at C$6.78 on Wednesday. The business has a 50-day moving average of C$6.60 and a 200-day moving average of C$6.80. Algonquin Power & Utilities Corp. has a fifty-two week low of C$6.03 and a fifty-two week high of C$9.28. The company has a debt-to-equity ratio of 154.35, a current ratio of 0.92 and a quick ratio of 0.37. The stock has a market capitalization of C$3.68 billion, a P/E ratio of -3.40, a P/E/G ratio of 1.07 and a beta of 0.52.

Algonquin Power & Utilities (TSE:AQN) last released its quarterly earnings data on Friday, March 7th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative net margin of 39.22% and a negative return on equity of 19.30%. During the same period in the prior year, the business posted $0.16 earnings per share. On average, sell-side analysts anticipate that Algonquin Power & Utilities Corp. will post 0.4650555 earnings per share for the current fiscal year.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.