Birds Eye View Technical Analysis for Pattern Energy Group Inc. (NASDAQ:PEGI)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Pattern Energy Group Inc. (NASDAQ:PEGI) for the period of 9-Day stands at 18.27% while the stochastic %D for the same period stands at 20.63%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Pattern Energy Group Inc. (NASDAQ:PEGI) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Pattern Energy Group Inc. (NASDAQ:PEGI) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Pattern Energy Group Inc. (NASDAQ:PEGI)’s 20-Day Bollinger Band indicates “Sell”.

About Company

Pattern Energy Group Inc. is a premium power company. It engages in developing, constructing, owning and operating wind power. The company’s project situated primarily in the United States, Canada and parts of Latin America. Pattern Energy Group Inc. is based in San Francisco, United States.

Previous Day Activity Analysis

On the last trading day, Pattern Energy Group Inc. (NASDAQ:PEGI) opened the session at $20.8 and after going down -0.53% closed at $20.8. The stock gained 0 points in the last trade.

Pattern Energy Group Inc. (NASDAQ:PEGI)’s stock fluctuated in the range of $20.60 and $20.90 during the previous active session. Pattern Energy Group Inc. (NASDAQ:PEGI) traded with the volume of 1.2 Million with average volume of 868.33 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.07 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.63 and 23.37 respectively.

Currently the Insider Ownership of the shares of Pattern Energy Group Inc. (NASDAQ:PEGI) is at 0.6% and the shares outstanding are 90.4 Million.

Important Ratio Analysis

Some important ratios to consider here for Pattern Energy Group Inc. (NASDAQ:PEGI) are discussed below:

Dividend yield of Pattern Energy Group Inc. (NASDAQ:PEGI) stands at 8.13% whereas Price to Earnings P/E ratio stands at 462.22 while Forward P/E shows the value of 46.43.

The PEG ratio (Price to Earning to Growth) emits the value of if(document.body.clientWidth>1500){document.write(”)}else{document.write(”)}. The Price to Sale P/S and Price to Book P/B shows the value of 4.93 and 1.95 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 20.64 and 69.64 correspondingly.

The Quick Ratio of Pattern Energy Group Inc. (NASDAQ:PEGI) stands at 0.5 while the Current Ratio depicts the value of 0.5.

Return on Assets ROA of Pattern Energy Group Inc. (NASDAQ:PEGI) is at 0.1% whereas, Return on Equity ROE and Return of Investment ROI of Pattern Energy Group Inc. (NASDAQ:PEGI) stand at 0.4% and -0.3% respectively.

Stock Performance Analysis

The stock performance of Pattern Energy Group Inc. (NASDAQ:PEGI) on the basis of 5 day trade show the dip of -8.09% whereas, the monthly performance of the stock shows decrease of -15.79%.

The quarterly performance of the stock remained in red zone with the value of -13.84% while six month performance of the shares of Pattern Energy Group Inc. (NASDAQ:PEGI) remained bearish with the count of -6.39%.

The yearly and YTD performance of Pattern Energy Group Inc. (NASDAQ:PEGI) remained up at 7.55% and 9.53% respectively.

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