American Electric Power Company Inc. (NASDAQ:AEP) saw an upside of 0.04% to close Tuesday at $92.70 after adding $0.04 on the day. The 5-day average trading volume is 2,618,220 shares of the company’s common stock. It has gained $95.21 in the past week and touched a new high 1 time within the past 5 days. An average of 2,452,420 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,118,812.
AEP’s 1-month performance is -2.77% or -$2.99 on its low of $90.09 reached on 01/20/23. The company’s shares have touched a 52-week low of $80.30 and high of $105.60, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, AEP has lost -2.37% or -$2.25 and has reached a new high 4 times. However, the current price is down -12.22% from the 52-week high price.
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AEP stock investors last saw insider trading activity on Oct 06.Hall Greg B (Executive Vice President) most recently sold 129 shares at $87.48 per share on Oct 06. This transaction cost the insider $11,285. Executive Vice President, Risch Therace, sold 5,330 shares at a price of $102.35 on Jun 06. Then, on May 20, Executive Vice President Zebula Charles E sold 1,902 shares at a price of $99.05 per share. This transaction amounted to $188,393.
AEP stock has a beta of 0.44. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.52 while the price-to-book (PB) in the most recent quarter is 1.96, with the price to cash flow ratio at 12.28.
American Electric Power Company Inc.’s quick ratio for the period ended September 29 was 0.70, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.38, while the total debt to equity was 1.55.. In terms of profitability, the gross margin trailing 12 months is 65.40%. The firm’s gross profit as reported stood at $3.41 billion against revenue of $16.79 billion.
For the quarterly period ending September 29 this year, American Electric Power Company Inc.’s cash and short-term investments amounted to $202.2 million against total debt of $38.23 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -16.43% to $683.7 million, while revenue of $524.5 million was 23.29% off the previous quarter. Analysts expected AEP to announce $1.56 per share in earnings in its latest quarter, but it posted $1.62, representing a 3.80% surprise. EBITDA for the quarter stood at more than $1.75 billion. AEP stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 66.74 billion, with total debt at $38.23 billion. Shareholders hold equity totaling $513.86 million.
Let’s look briefly at American Electric Power Company Inc. (AEP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 38.91% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.89%.
The stock’s 5-day moving average is $92.32, reflecting a -2.28% or -$2.16 change from its current price. AEP is currently trading -1.87% above its 20-day SMA, -8.53% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +5.56% and SMA200 by-11.28%.
Stochastic %K and %D was 29.40% and 19.45% and the average true range (ATR) pointed at 1.88. The RSI (14) points at 42.75%, while the 14-day stochastic is at 31.71% with the period’s ATR at 1.91. The stock’s 9-day MACD Oscillator is pointing at -1.42 and -2.23 on the 14-day charts.
In the most recent analyst report for American Electric Power Company Inc. (NASDAQ: AEP), Evercore ISI downgraded it to an In-line rating. They previously had an Outperform rating on the stock.