The AES Corporation’s Stock Price Plummets to $17.00, Witnessing a Sharp 10.01% Drop

The AES Corporation (AES)

17.00 USD -1.89 (-10.01%) Volume: 13.9M

The AES Corporation’s stock price stands at 17.00 USD, experiencing a significant drop of -10.01% in the latest trading session, with a high trading volume of 13.9M. The stock’s unfavorable performance extends to its year-to-date (YTD) change, showing a decrease of -11.69%.

Latest developments on The AES Corporation

Today, Aes Corp (NYSE:AES) stock price experienced fluctuations due to various key events. Empowered Funds LLC acquired shares of Aes Corp, while Envestnet Portfolio Solutions Inc. sold 17,157 shares. Swiss National Bank decreased its stake in Aes Corp, causing some market impact. Additionally, SG Americas Securities LLC disclosed a significant stock holding in Aes Corp worth $11.07 million. The company also announced plans for a $0.17 quarterly dividend. These developments have contributed to the volatility in Aes Corp‘s stock price, which saw a gap down to $18.89.

A look at The AES Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Aes Corp has a mixed long-term outlook. While the company scores high in areas such as Dividend and Growth, with scores of 4 and 5 respectively, it falls short in Value and Resilience, with scores of 2 each. This indicates that Aes Corp may have strong dividend potential and growth opportunities, but investors should be cautious of its value and resilience factors.

The AES Corporation, a company that operates in the generation and distribution of electricity, has received favorable scores in Dividend and Momentum from Smartkarma Smart Scores. With a score of 4 in Dividend and 4 in Momentum, Aes Corp shows promise in providing steady dividends to investors and maintaining positive momentum in the market. However, the company’s lower scores in Value and Resilience, with scores of 2 each, suggest that there may be some challenges ahead in terms of valuation and resilience to market fluctuations.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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