American Electric Power Company Inc (AEP) concluded trading on Thursday at a closing price of $98.75, with 3.64 million shares of worth about $359.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.90% during that period and on October 31, 2024 the price saw a gain of about 1.39%. Currently the company’s common shares owned by public are about 532.12M shares, out of which, 531.68M shares are available for trading.
Stock saw a price change of -0.64% in past 5 days and over the past one month there was a price change of -3.01%. Year-to-date (YTD), AEP shares are showing a performance of 21.58% which increased to 30.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $74.73 but also hit the highest price of $105.18 during that period. The average intraday trading volume for American Electric Power Company Inc shares is 2.79 million. The stock is currently trading -0.36% below its 20-day simple moving average (SMA20), while that difference is down -1.90% for SMA50 and it goes to 9.14% higher than SMA200.
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American Electric Power Company Inc (NASDAQ: AEP) currently have 532.12M outstanding shares and institutions hold larger chunk of about 76.83% of that.
The stock has a current market capitalization of $52.55B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 19.71, while it has posted earnings per share of $5.01 in the same period. Its PEG reads 3.04 and has Quick Ratio of 0.48 while making debt-to-equity ratio of 1.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEP, volatility over the week remained 1.54% while standing at 1.38% over the month.
Stock’s fiscal year EPS is expected to rise by 7.16% while it is estimated to increase by 6.20% in next year. EPS is likely to grow at an annualized rate of 6.49% for next 5-years, compared to annual growth of 1.73% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 20, 2024 offering a Hold rating for the stock and assigned a target price of $107 to it. Coverage by BofA Securities stated American Electric Power Company Inc (AEP) stock as an Underperform in their note to investors on August 06, 2024, suggesting a price target of $97 for the stock. On June 06, 2024, Ladenburg Thalmann Upgrade their recommendations, while on March 11, 2024, UBS Downgrade their ratings for the stock with a price target of $83. Stock get a Sell rating from Ladenburg Thalmann on March 08, 2024.
