On Tuesday, Transalta Corp (NYSE: TAC) opened lower -0.75% from the last session, before settling in for the closing price of $10.70. Price fluctuations for TAC have ranged from $5.94 to $14.64 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 18.15%. Company’s average yearly earnings per share was noted -66.72% at the time writing. With a float of $296.19 million, this company’s outstanding shares have now reached $298.50 million.
Let’s determine the extent of company efficiency that accounts for 1257 employees. In terms of profitability, gross margin is 46.61%, operating margin of 20.64%, and the pretax margin is 11.86%.
Transalta Corp (TAC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Utilities – Independent Power Producers industry is another important factor to consider. The insider ownership of Transalta Corp is 0.74%, while institutional ownership is 58.87%.
Transalta Corp (TAC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -66.72% per share during the next fiscal year.
Transalta Corp (NYSE: TAC) Trading Performance Indicators
Check out the current performance indicators for Transalta Corp (TAC). In the past quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 9.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Transalta Corp (TAC)
Looking closely at Transalta Corp (NYSE: TAC), its last 5-days average volume was 2.48 million, which is a jump from its year-to-date volume of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 15.54%. Additionally, its Average True Range was 0.68.
During the past 100 days, Transalta Corp’s (TAC) raw stochastic average was set at 32.44%, which indicates a significant increase from 7.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.52% in the past 14 days, which was higher than the 51.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.71, while its 200-day Moving Average is $9.35. However, in the short run, Transalta Corp’s stock first resistance to watch stands at $10.89. Second resistance stands at $11.17. The third major resistance level sits at $11.46. If the price goes on to break the first support level at $10.33, it is likely to go to the next support level at $10.04. Now, if the price goes above the second support level, the third support stands at $9.76.
Transalta Corp (NYSE: TAC) Key Stats
There are currently 297,484K shares outstanding in the company with a market cap of 3.17 billion. Presently, the company’s annual sales total 2,485 M according to its annual income of 514,860 K. Last quarter, the company’s sales amounted to 467,650 K and its income totaled -16,860 K.
