The AES Corporations in-depth stock price analysis indicates that the stock price has rallied 1.84% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.41% . Looking at the past 52 week period, the stock price is up at 26.61% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of The AES Corporation has a negative value of -1.53 compared to overall market performance. Stocks of The AES Corporation (NYSE:AES) rallied by 2.11% during the past week but lost 0.94% on a 4-week basis. The company has outperformed the S&P 500 by 1.29% in the past week but underperformed the index by 2.71% in the last 4 weeks.
The AES Corporation (NYSE:AES) : On Friday heightened volatility was witnessed in The AES Corporation (NYSE:AES) which led to swings in the share price. The stock opened for trading at $11.47 and hit $11.62 on the upside , eventually ending the session at $11.61, with a gain of 1.22% or 0.14 points. The heightened volatility saw the trading volume jump to 3,692,264 shares. The 52-week high of the share price is $13.32 and the company has a market cap of $7,653 million. The 52-week low of the share price is at $8.88 .
AES Corp Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.33. The company had revenue of $3542.00 million for the quarter, compared to analysts expectations of $4548.36 million. The companys revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AES Corp was Downgraded by RBC Capital Mkts on Jan 4, 2017 to Sector Perform, Lowers Price Target to $ 12 from a previous price target of $13 .AES Corp was Downgraded by BofA/Merrill to Underperform on Nov 22, 2016.
Company has reported several Insider transactions to the SEC, on Mar 9, 2016, Fabian Souza (VP and Controller) sold 2,764 shares at 10.96 per share price.On Nov 13, 2015, Santos Bernerd Da (COO) purchased 5,000 shares at 10.13 per share price.On Nov 12, 2015, Elizabeth Hackenson (Sr. VP and CIO) purchased 5,000 shares at 9.81 per share price.
AES Corporation and its subsidiaries and affiliates are a global power company committed to serving the worlds needs for electricity in a socially responsible way. AESs electricity generation business consists of sales to wholesale customers for further resale to end users. AES also sells electricity directly to end users such as commercial, industrial, governmental and residential customers through its distribution business.