The AES Corporation (AES) Moves Higher on Volume Spike for May 07

Equities Staff  |

The AES Corporation (AES) traded on unusually high volume on May. 07, as the stock gained 0.32% to close at $12.37. On the day, The AES Corporation saw 13.13 million shares trade hands on 35,310 trades. Considering that the stock averages only a daily volume of 6.79 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $12.45 and $9.87 over the last 52-weeks, its 50-day SMA is now $11.20, and its 200-day SMA $10.81. The AES Corporation has a P/B ratio of 3.32.

The AES Corp is a power generation and utility company. It is engaged in providing affordable, sustainable energy through its diverse portfolio of thermal and renewable generation facilities as well as distribution businesses.

Headquartered in Arlington, VA, The AES Corporation has 21,000 employees and is currently under the leadership of CEO Andres R. Gluski.

For a complete fundamental analysis analysis of The AES Corporation, check out’s Stock Valuation Analysis report for AES.

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To get more information on The AES Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: AES’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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