Algonquin Power & Utilities Corp T.AQN

Oversold

[retiredcf]

Last week's overbought and oversold TSX stocks

 

 

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	OVERSOLD STOCKS	RSI	PRICE	200DMA	RETURN 1W %
INE-T	INNERGEX RENEWABLE ENERGY	22.15	24.19	23.78	-6.59
ABX-T	BARRICK GOLD CORP	23.22	24.14	33.93	-4.27
AQN-T	ALGONQUIN POWER & UTILITIES	24.61	20.21	19.71	-9.59
FTS-T	FORTIS INC	24.85	49.77	52.73	-2.60
KL-T	KIRKLAND LAKE GOLD LTD	25.01	41.96	58.09	-7.70
NPI-T	NORTHLAND POWER INC	25.19	42.68	40.11	-12.52
PRMW-T	PRIMO WATER CORP	26.07	18.35	18.95	-8.22
AEM-T	AGNICO EAGLE MINES LTD	27.03	71.55	94.47	-5.28
H-T	HYDRO ONE LTD	27.36	27.28	28.03	-3.64
SSRM-T	SSR MINING INC	28.50	17.99	25.68	-4.94
OGC-T	OCEANAGOLD CORP	29.15	1.85	2.56	-3.16
BTO-T	B2GOLD CORP	29.23	5.60	7.75	-7.51
YRI-T	YAMANA GOLD INC	29.24	5.18	7.29	-8.99
RCI-B-T	ROGERS COMMUNICATIONS INC-B	29.54	55.59	56.85	-1.15
FNV-T	FRANCO-NEVADA CORP	29.95	136.13	180.76	-2.93

[Lisagerrard17]

good point

[bmbruce]

Unfortunately AQN currently is being largely viewed as a utility stock and the growth side of the company has been ignored.. with the sharp rise in the yield of US 10 year bond over the past week generating speculation of higher interest rates, AQN has suffered... it'll certainly recover..up 1.6% with decent volume in after hours trade on the NYSE..

[peter75]

why would anyone buy this now the story has had its run banks have better upside and a higher yeild I had this for four years it is done moving higher unless taken out

[bagcheese]

Im buying at $17.75

[mnztr]

me too, Q1 earnings will not be good because of the storm, plus there will be new grid resiliency laws they will probably have to comply with..which means $$. But of course they are regulated utilities so having to comply is GOOD NEWS as that means they carn invest more with a guranteed ROI. But they will probably have to issue stock to fund it.

[snewguy]

It is a utility stock.. its named Algonguin Power and Utilities Corp!!!