Digging Up the Facts on The AES Corporation (AES)

The AES Corporation (AES) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $13.13, up from yesterday’s close by 0.69%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The AES Corporation (AES) currently trades with a market capitalization of $8.68 Billion. That value represents a market adjusting for revenues that have been growing by 6.16 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $103 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.28 on a per share basis this quarter. Perhaps, that suggests something about why 0.70% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, The AES Corporation recorded a 52-week high of $13.25. It is now trading 0.12% off that level. The stock is trading $12.15 its 50-day moving average by -0.98%. The stock carved out a 52-week low down at $9.86.

In recent action, The AES Corporation (AES) has made a move of +6.75% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.71% with $657.66 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of AES.

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