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Weekly: Algonquin Power & Utilities rises for a fifth consecutive week, a five-week rise of 9.9% March 03, 2017 17:00 EST

Mar 3, 2017 - News Bites Canadian Markets


Algonquin Power & Utilities Corp. (TSX:AQN) has risen 28.0c (or 2.3%) on high volume to close at CAD12.40. The stock rose for a fifth consecutive week on Friday bringing its a five-week rise to CAD1.12 or 9.9%. Compared with the S&P/TSX 60 Index which rose 1.2 points (or 0.1%) in the five weeks, this represented a relative price increase of 9.8%. This has been propped up by robust volume of 1.6 times average for the week. In the past five weeks the market cap h

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