- AEP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $170.1 million.
- AEP has traded 346,553 shares today.
- AEP is trading at 1.74 times the normal volume for the stock at this time of day.
- AEP crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in AEP with the Ticky from Trade-Ideas. See the FREE profile for AEP NOW at Trade-Ideas More details on AEP: American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The stock currently has a dividend yield of 3.7%. AEP has a PE ratio of 16.4. Currently there are 8 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 8 rate it a hold.
The average volume for American Electric Power has been 2.8 million shares per day over the past 30 days. American Electric has a market cap of $27.9 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.42 and a short float of 0.7% with 1.13 days to cover. Shares are down 6.1% year-to-date as of the close of trading on Monday.EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates American Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- AMERICAN ELECTRIC POWER CO has improved earnings per share by 12.2% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, AMERICAN ELECTRIC POWER CO increased its bottom line by earning $3.35 versus $3.04 in the prior year. This year, the market expects an improvement in earnings ($3.54 versus $3.35).
- The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Electric Utilities industry average. The net income increased by 12.3% when compared to the same quarter one year prior, going from $560.00 million to $629.00 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 3.1%. Since the same quarter one year prior, revenues slightly increased by 1.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Net operating cash flow has increased to $1,257.00 million or 10.94% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -0.87%.
- The stock price has risen over the past year, but, despite its earnings growth and some other positive factors, it has underperformed the S&P 500 so far. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- You can view the full American Electric Power Ratings Report.
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