Does Atlantic Power Corporation (AT) Have Any Gas After Today’s Significant Increase?

April 22, 2018 - By Louis Casey

Atlantic Power Corporation (NYSE:AT) Logo

Investors sentiment increased to 1.47 in Q4 2017. Its up 0.02, from 1.45 in 2017Q3. It improved, as 7 investors sold Atlantic Power Corporation shares while 29 reduced holdings. 14 funds opened positions while 39 raised stakes. 56.37 million shares or 3.28% more from 54.58 million shares in 2017Q3 were reported.
Prudential reported 44,654 shares. 20,600 were reported by Picton Mahoney Asset Mngmt. Bridgeway Management Incorporated invested 0% of its portfolio in Atlantic Power Corporation (NYSE:AT). Swiss Commercial Bank accumulated 182,600 shares. Ameritas Investment Ptnrs Inc owns 0% invested in Atlantic Power Corporation (NYSE:AT) for 10,236 shares. Renaissance Technology Limited Co holds 0% in Atlantic Power Corporation (NYSE:AT) or 565,828 shares. Metropolitan Life Insur Co New York holds 21,245 shares. Deutsche National Bank Ag owns 626,596 shares. Bnp Paribas Arbitrage stated it has 0% of its portfolio in Atlantic Power Corporation (NYSE:AT). New York State Common Retirement Fund has invested 0% in Atlantic Power Corporation (NYSE:AT). Barclays Plc accumulated 0% or 20,648 shares. Invesco holds 419,336 shares or 0% of its portfolio. State Street Corp holds 0% of its portfolio in Atlantic Power Corporation (NYSE:AT) for 2.23 million shares. Geode Capital Ltd stated it has 281,349 shares or 0% of all its holdings. San Francisco Sentry Inv Grp (Ca) invested 0% in Atlantic Power Corporation (NYSE:AT).

The stock of Atlantic Power Corporation (NYSE:AT) is a huge mover today! The stock increased 4.76% or $0.1 during the last trading session, reaching $2.2. About 285,081 shares traded. Atlantic Power Corporation (NYSE:AT) has declined 15.69% since April 22, 2017 and is downtrending. It has underperformed by 27.24% the S&P500.
The move comes after 8 months positive chart setup for the $236.26M company. It was reported on Apr, 22 by Barchart.com. We have $2.31 PT which if reached, will make NYSE:AT worth $11.81 million more.

Analysts await Atlantic Power Corporation (NYSE:AT) to report earnings on May, 3 after the close. They expect $-0.08 earnings per share, down 300.00 % or $0.06 from last year’s $-0.02 per share. After $-0.11 actual earnings per share reported by Atlantic Power Corporation for the previous quarter, Wall Street now forecasts -27.27 % EPS growth.

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. The company has market cap of $236.26 million. As of December 31, 2016, its power generation projects had an aggregate gross electric generation capacity of approximately 2,138 megawatts consisting of interests in 23 operational power generation projects across 9 states in the United States and 2 provinces in Canada. It currently has negative earnings. The firm sells its electricity to utilities and other commercial customers.

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