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How to buy Algonquin Power & Utilities stock in Canada

Learn how to buy Algonquin Power & Utilities stock in 5 easy steps.

Algonquin Power & Utilities is an utilities - renewable business based in Canada. Algonquin Power & Utilities shares (AQN.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Its last market close was C$8.40 – a decrease of 2.33% over the previous day. Algonquin Power & Utilities employs 3,951 staff and has a trailing 12-month revenue of around C$2.8 billion.

How to buy shares in Algonquin Power & Utilities

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: AQN in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Algonquin Power & Utilities stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of AQN stocks over time.

Share price volatility

Over the last 12 months, Algonquin Power & Utilities's shares have ranged in value from as little as C$6.75 up to C$11.9494. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Algonquin Power & Utilities's is 0.467. This would suggest that Algonquin Power & Utilities's shares are less volatile than average (for this exchange).

Historical closes compared with the last close of C$8.4

1 week (2023-11-28)1.69%
1 month (2023-11-05)7.83%
3 months (2023-09-05)-12.14%
6 months (2023-06-05)-25.01%
1 year (2022-12-05)-8.56%
2 years (2021-12-05)-46.28%
3 years (2020-12-05)-51.74%
5 years (2018-12-05)-25.07%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is Algonquin Power & Utilities under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Algonquin Power & Utilities P/E ratio, PEG ratio and EBITDA

Algonquin Power & Utilities's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.41. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Algonquin Power & Utilities's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Algonquin Power & Utilities's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$937.2 million.

The EBITDA is a measure of a Algonquin Power & Utilities's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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