ALLETE Stocks Valuation and Technical Analysis
At Close: 4:00 PM
After Market: 11:15 PM
ALLETE Stock Performance Chart (1 Year)
The price of a stock is the truest depiction of a company's value and what the market anticipates about its performance. A stock's market value is critical, but the process is plagued with uncertainty, leading to investor skepticism.
However, in today's economic environment, investors may learn a lot about the market expectations of their target stocks by looking at stock's performance and important indicators.
Comparing their expectations to the market could help investors estimate their prospective return.
- 1 Week
- 1 Month
- Half Year
- 1 Year
ALE Fundamental Analysis
- Enterprise Value5.47B
- Avg Vol (3 Months)306.2K
- Avg Vol (10 Days)204.14K
ALLETE Stock Performance Chart (52 Weeks)
- 52-Week High67.45
- 52-Week Low47.77
- 52-Week ChgN/A
- S&P 500 52-Week ChgN/A
ALLETE Industry Analysis and Valuation
- P/E (TTM)
- P/C (MRQ)
- P/S (TTM)
- P/B (MRQ)
ALE Technical Analysis
- SMA 20-3.22%
- SMA 50-3.5%
- SMA 200-0.21%
- RSI (14)36.72
Frequently Asked Questions
How is ALE price-to-earnings ratio currently?
ALE has a current P/E ratio of 19.35.
How are ALE's price-to-sale and price-to-book ratios?
The ALE stock has a trailing twelve month price-to sales (P/S) ratio of 2.02 while its price-to-book (P/B) value is 1.30.
Is ALLETE, Inc.'s price-to-cash ratio high or low?
ALE's price-to-cash (P/C) ratio is 118.60, an indicator that is currently being trending upward.
What's current simple moving average (SMA) for ALE?
Based on ALE's recent bid, its distance from 20 days simple moving average is -3.22%. It is -3.50% apart from 50 days simple moving average, and it is -0.21% apart from 200 days simple moving average.
What is the 52-week price range for ALE?
The 52-week high for ALE is $67.45 which is 0.06% away from the current price level whereas the distance of that from the 52-week low of $47.77 stands at 0.33%.
An overview of ALE's stock performance: how did it fare?
The performance of ALE stock was not encouraging with most of its significant price indictors in red. ALLETE, Inc. (NYSE: ALE) shares have moved downward -3.26% or -$2.02 in the latest trading session and have loss -5.58% year-to-date (YTD). The stock has gained nearly 0.86% over the past year. After moving 3.40% over the trailing 3-month period, the stock is 0.36% higher in the 6-month period. Looking at its performance over the shorter term, it's down -2.53% a week and -5.17% a month.
What is ALE's 14-day relative strength index (RSI)?
The current 14-day RSI for ALE stock is 36.72. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.
For ALE, what is the average true range (ATR) for the past two weeks?
ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, ALLETE, Inc. (ALE) has a 14-day ATR of 1.15.
What is ALE's current enterprise value?
After closing at $59.94 with 57.3 Million of its shares outstanding, the current enterprise value of ALE is roughly 5.47 Billion.
Over the past year, how has the stock price of ALE changed?
ALLETE, Inc. (NYSE: ALE) is up N/A when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of N/A. ALE stock price is also down -5.58% on its value in year-to-date trading.
What is the average trading volume for ALE shares?
The number outstanding shares of ALE is 57.3 Million, and of these 56.94 Million shares are freely available for trading. On average, ALE stock has traded 204.14 Thousands shares per day for the past 10 days. A total of 121.48 Thousands shares changed hands during the last trading session with the average session volume of 306.2 Thousands shares.