The AES Corporation (AES) Rises 3.33% for December 26

Equities Staff  |

Among the biggest risers on the S&P 500 on Wednesday December 26 was The AES Corporation ($AES), popping some 3.33% to a price of $14.28 a share with some 8.23 million shares trading hands.

Starting the day trading at $13.84, The AES Corporation reached an intraday high of $14.28 and hit intraday lows of $13.55. Shares gained $0.46 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been 6.85 million of its 662.3 million share total float. Today’s action puts the stock’s 50-day SMA at $15.12 and 200-day SMA at $13.16 with a 52-week range of $9.87 to $16.28.

AES is a global power company with businesses in 15 countries on four continents. It has a portfolio of 100 power plants and its current construction program will increase its net generating capacity to over 35 GW. AES also has majority ownership and operates six electric utilities distributing power to 2.4 million people in the U.S. and El Salvador. AES is one of the leaders in utility-scale energy storage and its joint venture with Siemens has 273 MW of battery storage capacity in operation worldwide.

The AES Corporation has its corporate headquarters located in Arlington, VA and employs 21,000 people. Its market cap has now risen to $9.46 billion after today’s trading, its P/E ratio is now 0, its P/S 1.14, P/B 2.86, and P/FCF 5.9.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of The AES Corporation, check out Stock Valuation Analysis tool for AES.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

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 Equities.com’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.



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