ALLETE, Inc. (ALE) stock rallied over 2.79% intraday to trade at $60.42 a share on NYSE. The stock opened with a gain of 3.69% at $59.2 and touched an intraday high of $60.47, rising 2.79% against the last close of $58.78. The stock went to a low of $58.53 during the session.
Number of Shares
Cash Flow per Share
Free Float in %
Sales or Revenue1.42 Billion
5Y Sales Change1.20%
Fiscal Year Ends2021-12-30
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
ALLETE, Inc. (NYSE: ALE) stock price is $60.42 as of the last check on Friday, July 1. During the trading session, ALE stock reached the peak price of $60.47 while $58.53 was the lowest point it dropped to.
The NYSE listed ALE is part of Electric Utilities industry that operates in the broader Utilities sector. ALLETE, Inc. operates as an energy company.
Ms. Bethany M. Owen
Chair, CEO & Pres
Mr. Steven Wayne Morris
Sr. VP & CFO
Ms. Nicole Renee Johnson
VP & Chief Admin. Officer
Ms. Margaret A. Thickens
VP, Chief Legal Officer & Corp. Sec.
ALE stock traded closed the last session at $60.42, which is $1.64 or 2.79% lower than its previous close of $58.78. ALE's current trading price is 6.84% lower than its 52-week high of $73.10 where as its distance from 52-week low of 56.55% is -17.35%.
Number of ALE employees currently stands at -. ALE operates from 30 West Superior Street, Duluth, MN 55802-2093, United States.
Official Webiste of $ALE is: https://www.allete.com
ALE stock volume for the day was 267,252 shares while in the previous session number of ALE shares traded was 269,400 . The average number of ALE shares traded daily for last 3 months was 406.22 Thousands.
The percentage change in ALE stock occurred in the recent session was 2.79% while the dollar amount for the price change in ALE stock was $1.64.
In the recent session, the day high for ALE stock was $60.47 while the low for ALE stock touched on the day was $58.53.
The market value of ALE currently stands at 3.13 Billion with its latest stock price at $60.42 and 53.3 Million of its shares outstanding.