ALLETE, Inc. Hits New 52-Week High at $67.50
ALLETE, Inc. has achieved a new 52-week high of USD 67.50, reflecting a 7.32% increase over the past year. With a market capitalization of USD 3,678 million, the company maintains a P/E ratio of 32.00, a debt-to-equity ratio of 0.68, and a return on equity of 3.71%.
ALLETE, Inc., a small-cap player in the power industry, has reached a significant milestone by hitting a new 52-week high of USD 67.50 on October 29, 2025. This achievement underscores the stock's upward momentum, particularly as it reflects a 7.32% increase over the past year, although it lags behind the S&P 500's performance of 18.33% during the same period.With a market capitalization of USD 3,678 million, ALLETE operates within a competitive landscape, characterized by a price-to-earnings (P/E) ratio of 32.00. The company's financial metrics reveal a debt-to-equity ratio of 0.68 and a return on equity of 3.71%, indicating a moderate level of leverage and efficiency in generating profits from shareholders' equity. Additionally, ALLETE's price-to-book ratio stands at 1.29, suggesting a valuation that reflects its asset base.
As ALLETE, Inc. continues to navigate the power sector, this new high may serve as a pivotal point in its ongoing performance trajectory.
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