Talen Energy Corp (NASDAQ: TLN) kicked off on Friday, down -7.46% from the previous trading day, before settling in for the closing price of $236.43. Over the past 52 weeks, TLN has traded in a range of $67.01-$258.03.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Utilities Sector giant was -52.56%. While this was happening, its average annual earnings per share was recorded 593.07%. With a float of $49.67 million, this company’s outstanding shares have now reached $50.86 million.
In terms of profitability, gross margin is 36.26%, operating margin of 5.75%, and the pretax margin is 79.78%.
Talen Energy Corp (TLN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Independent Power Producers Industry. The insider ownership of Talen Energy Corp is 2.33%, while institutional ownership is 89.12%. The most recent insider transaction that took place on Dec 13 ’24, was worth 999,999,900. In this transaction 10% Owner of this company sold 4,893,507 shares at a rate of $204.35, taking the stock ownership to the 6,475,107 shares.
Talen Energy Corp (TLN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 593.07% per share during the next fiscal year.
Talen Energy Corp (NASDAQ: TLN) Trading Performance Indicators
Take a look at Talen Energy Corp’s (TLN) current performance indicators. Last quarter, stock had a quick ratio of 3.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 6.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 18.68, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 6.47 in one year’s time.
Technical Analysis of Talen Energy Corp (TLN)
Looking closely at Talen Energy Corp (NASDAQ: TLN), its last 5-days average volume was 1.13 million, which is a drop from its year-to-date volume of 1.18 million. As of the previous 9 days, the stock’s Stochastic %D was 48.48%. Additionally, its Average True Range was 12.94.
During the past 100 days, Talen Energy Corp’s (TLN) raw stochastic average was set at 64.34%, which indicates a significant increase from 14.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.55% in the past 14 days, which was lower than the 63.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $220.99, while its 200-day Moving Average is $167.08. However, in the short run, Talen Energy Corp’s stock first resistance to watch stands at $233.53. Second resistance stands at $248.27. The third major resistance level sits at $258.00. If the price goes on to break the first support level at $209.06, it is likely to go to the next support level at $199.33. Should the price break the second support level, the third support level stands at $184.59.
Talen Energy Corp (NASDAQ: TLN) Key Stats
The company with the Market Capitalisation of 1.80 billion has total of 50,855K Shares Outstanding. Its annual sales at the moment are 2,554 M in contrast with the sum of 613,000 K annual income. Company’s last quarter sales were recorded 650,000 K and last quarter income was 168,000 K.
