Avista Corporation (NYSE:AVA) went down by -0.41% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Utilities – Diversified giant went up by $36.65 to trade ended Thursday trading at $36.80. This is down from the $36.8 price recorded on Wednesday’s trading session. Thanks to this latest performance, AVA is closer to the higher price 52-week target of $41.00 and further from the lowest price target of $38.00. Its performance from the start of the year has also been negative, with AVA down by -23.79% year-to-date.
Avista Corporation (AVA) started the day trading at $37.18 and recorded an intraday high of $37.42. It also recorded an intraday low of $36.56 during Thursday’s trading session. Avista Corporation is a very active stock that recorded a trading volume that is less than -26.18% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 369402, which is less than -26.18 of the total average daily trading volume of 466.12K.
Avista Corporation (NYSE:AVA) 2020 Performance Impressive
The increase in AVA’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AVA currently stands at $53.00, which is higher than the current trading price of the stock by 30.85%. However, AVA’s current trading price is -14.21% lower than the 52-week low price of $32.09. In terms of trading volume, Avista Corporation currently experienced healthy participation during the last trading session. 369402 shares of Avista Corporation were traded on the stock exchange on Thursday, which is less than -26.18% of the 466.12K average trading volume of the stock.
The performance of the stock has been positive over the past year. AVA’s performance over the past one year has seen it plunge by -18.25%, while the stock has gone down by -22.79% in the last six months. The quarterly performance of AVA currently stands at -12.22%, and it is down by -8.42% in the last month. The only positive figure was from the weekly performance, which currently reads 4.51%. At the time of writing AVA’s report, the company has a total market cap of $2.48B, making it one of the largest publicly-traded companies in the world.Avista Corporation also has over 1920 employees all over the world.
AVA Insider Activities
For Avista Corporation, insiders hold 85.90% of all company shares. The insider transactions over the past six months are up by 9.90%. During that period, insiders bought 108,977 shares in 39 transactions. In that same period, insiders sold 84,716 of their shares in 26 transactions. After these transactions, insiders at Avista Corporation now hold 630.54k shares, which is over 84.47% of the total company stocks. Institutional investors currently hold a large chunk of the AVA shares, as they control 0.94% of the company’s total stock.
AVA Fundamental Analysis
For Avista Corporation, the stock’s diluted earnings per share (EPS) stands at 1.94. In the coming year, analysts expect the EPS to be 2.14. The EPS growth will up over the next five years to 6.00% after surging by 9.00% in the previous five years. In terms of revenue, Avista Corporation’s quarterly sales (YOY) is growing at 0.32, which is lower than the average annual revenue of 9.00% over the past half a decade.
The Return on Investment (ROI) on Avista Corporation’s stock currently stands at 4.30%, and it has a net profit margin of 9.70%. The operating margin of the company is 16.80%.
AVA Analysts Prediction
Williams Capital Group reiterate their Sell position on the stock ($41 and $42) and Williams Capital Group reiterate their Hold position on the stock ($40 and $41).
Analysts at Williams Capital Group believe that AVA is Sell, and they have a price target of between $42 and $40. AVA received a positive rating from Williams Capital Group, which set a price target of $38-$42 for the stock.
At the moment, Avista Corporation’s Total Debt to Equity ratio stands at 1.11, and they have a long-term Debt to Equity ratio of 0.99.
AVA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AVA currently stands at -0.57%, while the SMA50 is -5.21%. The biggest one is the SMA200, which is currently reading -18.96% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 46.60, while its price to earnings ratio (P/E) is 18.94.