On Tuesday, Transalta Corp (NYSE: TAC) opened higher 1.42% from the last session, before settling in for the closing price of $8.43. Price fluctuations for TAC have ranged from $6.36 to $14.64 over the past 52 weeks.
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Utilities Sector giant saw their annual sales surged by 7.94% over the last five years. Company’s average yearly earnings per share was noted -20.59% at the time writing. With a float of $295.54 million, this company’s outstanding shares have now reached $297.50 million.
The firm has a total of 1205 workers. Let’s measure their productivity. In terms of profitability, gross margin is 53.25%, operating margin of 17.57%, and the pretax margin is 11.18%.
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 0.79%, while institutional ownership is 69.43%.
Transalta Corp (TAC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.33% during the next five years compared to 25.30% growth over the previous five years of trading.
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 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22. Likewise, its price to free cash flow for the trailing twelve months is 7.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.42, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.21 in one year’s time.
Technical Analysis of Transalta Corp (TAC)
Analysing the last 5-days average volume posted by the [Transalta Corp, TAC], we can find that recorded value of 1.29 million was lower than the volume posted last year of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 54.59%. Additionally, its Average True Range was 0.41.
During the past 100 days, Transalta Corp’s (TAC) raw stochastic average was set at 10.70%, which indicates a significant decrease from 40.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.82% in the past 14 days, which was higher than the 58.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.61, while its 200-day Moving Average is $10.19. Now, the first resistance to watch is $8.64. This is followed by the second major resistance level at $8.74. The third major resistance level sits at $8.83. If the price goes on to break the first support level at $8.46, it is likely to go to the next support level at $8.37. Now, if the price goes above the second support level, the third support stands at $8.27.
Transalta Corp (NYSE: TAC) Key Stats
There are currently 298,163K shares outstanding in the company with a market cap of 2.55 billion. Presently, the company’s annual sales total 2,076 M according to its annual income of 167,120 K. Last quarter, the company’s sales amounted to 481,350 K and its income totaled -31,000 K.
