Talen Energy Corp (NASDAQ: TLN) Recovers 146.83% From 52-Week Low, Is TLN Still A High-Risk, High-Reward Play?

Talen Energy Corp (NASDAQ:TLN) currently has a daily average trading volume of 707.06K but it saw 3517622 shares traded in last market. With a market cap of 6.34B USD, the company’s current market price of $124.65 came rising about 12.44 while comparing to the previous closing price of $110.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $135.55 and as low as $50.50.

Taking a look at 20-day trading activity of Talen Energy Corp (TLN) gives us an average price of $122.05, while its current price level is -8.04% below from 52-week high level whereas it is 146.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $117.32 while that of 200 days or SMA-200 reads an average of $84.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.58% during that period while stretching the period over a month that decreases to 6.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.34 which implies that the stock is in neutral territory.

Over the week, TLN’s stock price is moving 3.80% up while it is 7.46% when we observe its performance for the past one month. Year-to-date it is 94.77% up and over the past year, the stock is showing an upside performance of 129.77%.

Currently, Talen Energy Corp’s total number of outstanding shares is 59.03M. Company’s return on investment (ROI) stands at 17.05% and return on equity (ROE) at 67.19%. It has a price to earnings ratio (P/E ratio) of 8.19 while having a 19.90 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 2.70 while price to sale or P/S ratio amounts to 3.35. Its return on asset (ROA) is 24.96% on average.