Abengoa Yield plc (ABY) has been under a strong bear grip, hence the stock is down -4.86% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.03% in the past 1 week. The 4-week change in the price of the stock is -5.06% and the stock has fallen -0.62% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.62% and the fifty day Moving Average is 1.46%. Atlantica Yield plc is up 7.29% in the last three month period. Year-to-Date the stock performance stands at -0.83%.
Abengoa Yield plc (ABY) : Currently there are 3 street experts covering Abengoa Yield plc (ABY) stock. The most bullish and bearish price target for the stock is $23 and $15 respectively for the short term. The average price target of all the analysts comes to $20.33. The estimated standard deviation from the target is $4.62.
Abengoa Yield plc (NASDAQ:ABY): On Fridays trading session , Opening price of the stock was $19.19 with an intraday high of $19.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.03. However, the stock managed to close at $19.13, a loss of 0.47% for the day. On the previous day, the stock had closed at $19.22. The total traded volume of the day was 204,175 shares.
Abengoa Yield plc is an engineering and clean technology company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines, and other contracted revenue-generating assets, focused on North America (United States and Mexico) and South America (Peru, Chile, Brazil and Uruguay), as well as Europe (Spain). The Companys business sectors include renewable energy, which includes its activities related to the production electricity from solar power and wind plants; Conventional power, which includes its activities related to the production of electricity and steam from natural gas and electric transmission lines, which includes its activities related to the operation of electric transmission lines. It owns interests in approximately 15 assets, comprising over 891 megawatt (MW) of renewable energy generation, approximately 300 MW of conventional power generation and approximately 1,018 miles of electric transmission lines.