|Bid||0.00 x 3000|
|Ask||0.00 x 1800|
|Day's Range||14.95 - 15.22|
|52 Week Range||8.11 - 21.23|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||34.29|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||0.57 (3.76%)|
|Ex-Dividend Date||Jul 31, 2020|
|1y Target Est||17.71|
The AES Corporation (NYSE:AES) led the NYSE gainers with a relatively large price hike in the past couple of weeks...
AES (AES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
(Bloomberg) -- The AES Corp. acquired a 25% stake in an Australian clean tech firm that says its solar design can cut installation times by more than half while generating twice as much energy per acre than traditional arrays.The firm, 5B Holdings PTY, has developed a prefabricated solar block that can be folded for shipping and takes minutes to deploy once on site, according to AES. The technology requires less ground penetration, doubles energy density and allows solar farms to be located closer to the load, the company said in a statement. AES finalized its investment in the company July 1.“You combine prefab solar, batteries, digital, plus our platform of 35 gigawatts around the world -- we think we can accelerate some interesting and new solutions,” said AES Chief Executive Officer Andres Gluski.5B’s technology, called Maverick, is already being used in Australia, Gluski said. AES plans to deploy the design in the U.S., Panama, Chile, India and Eastern Europe.(Adds date of investment in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.