Avista traded at $42.05 this Friday July 24th, decreasing $0.13 or 0.31 percent since the previous trading session. Looking back, over the last four weeks, Avista lost 2.66 percent. Over the last 12 months, its price rose by 13.13 percent. Looking ahead, we forecast Avista to be priced at 41.16 by the end of this quarter and at 38.61 in one year, according to Trading Economics global macro models projections and analysts expectations.
Avista Corporation is an electric and natural gas utility company. The Company's segments include Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho, and northeastern and southwestern Oregon. 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. The AEL&P segment is a regulated utility providing electric services in Juneau, Alaska. Its regional services include government and higher education, medical services, retail trade and finance. It also has other businesses, including venture fund investments, real estate investments, as well as certain other investments made by Avista Capital, which is a subsidiary of the Company.