Transalta Corp. (NYSE: TAC) started the day on Wednesday, with a price increase of 4.06% at $10.50, before settling in for the price of $10.09 at the close. Taking a more long-term approach, TAC posted a 52-week range of $5.94-$10.73.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 15.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -55.04%. This publicly-traded company’s shares outstanding now amounts to $306.90 million, simultaneously with a float of $296.76 million. The organization now has a market capitalization sitting at $4.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.75, while the 200-day Moving Average is $7.72.
Transalta Corp. (TAC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Independent Power Producers Industry. Transalta Corp.’s current insider ownership accounts for 0.58%, in contrast to 62.55% institutional ownership.
Transalta Corp. (TAC) Earnings and Revenue Records
Transalta Corp.’s EPS decrease for this current 12-month fiscal period is -55.04% and is forecasted to reach 0.34 in the upcoming year.
Transalta Corp. (NYSE: TAC) Trading Performance Indicators
Let’s observe the current performance indicators for Transalta Corp. (TAC). It’s Quick Ratio in the last reported quarter now stands at 0.75. The Stock has managed to achieve an average true range (ATR) of 0.24. Alongside those numbers, its PE Ratio stands at $6.89, and its Beta score is 0.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.86. Similarly, its price to free cash flow for trailing twelve months is now 7.27.
In the same vein, TAC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.52, a figure that is expected to reach 0.10 in the next quarter, and analysts are predicting that it will be 0.34 at the market close of one year from today.
Technical Analysis of Transalta Corp. (TAC)
If we take a close look at the recent performances of Transalta Corp. (NYSE: TAC), its last 5-days Average volume was 0.63 million that shows plunge from its year to date volume of 0.75 million. During the previous 9 days, stock’s Stochastic %D was recorded 44.68% While, its Average True Range was 0.24.
Raw Stochastic average of Transalta Corp. (TAC) in the period of the previous 100 days is set at 94.18%, which indicates a major rise in contrast to 80.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.12% that was lower than 31.12% volatility it exhibited in the past 100-days period.
