Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Avista Corp before investing.

In this article, we go over a few key elements for understanding Avista Corp’s stock price such as:

• Avista Corp’s current stock price and volume
• Why Avista Corp’s stock price changed recently
• Upgrades and downgrades for AVA from analysts
• AVA’s stock price momentum as measured by its relative strength

About Avista Corp (AVA)

Before we jump into Avista Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Its segment includes Avista Utilities and AEL&P.; The Avista Utilities segment comprises of the regulated utility operations in Washington, Idaho, Oregon and Montana. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho. The segment also provides natural gas distribution service in parts of northeastern and southwestern Oregon. The segment also supplies electricity to a small number of customers in Montana. The segment also engages in wholesale purchases and sales of electricity and natural gas as an integral part of energy resource management and its load-serving obligation. Its AEL&P; segment is a regulated utility providing electric services in Juneau, Alaska, which is a subsidiary and the primary operating subsidiary of AERC.

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Avista Corp’s Stock Price as of Market Close

As of August 05, 2024, 4:00 PM, CST, Avista Corp’s stock price was $37.76.

Avista Corp is down 4.74% from its previous closing price of $39.64.

During the last market session, Avista Corp’s stock traded between $38.90 and $39.99. Currently, there are 78.16 million shares of Avista Corp stock available for purchase.

Avista Corp’s price-earnings (P/E) ratio is currently at 16.4, which is low compared to the Utilities - Multiline industry median of 19. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Avista Corp Stock Price History

Avista Corp’s (AVA) price is currently down 3.62% so far this month.

During the month of August, Avista Corp’s stock price has reached a high of $39.99 and a low of $37.57.

Over the last year, Avista Corp has hit prices as high as $39.99 and as low as $30.53. Year to date, Avista Corp’s stock is down 14.84%.

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What Caused Avista Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 02, 2024, there were 0 analysts who downgraded Avista Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Avista Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Avista Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Avista Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Avista Corp (AVA) by visiting AAII Stock Evaluator.

Relative Price Strength of Avista Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 02, 2024, Avista Corp has a weighted four-quarter relative price strength of -1.81%, which translates to a Momentum Score of 58 and is considered to be Average.

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Avista Corp Stock Price: Bottom Line

As of August 5, 2024, Avista Corp’s stock price is $37.76, which is down 4.74% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Avista Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.