Transalta Corp. (NYSE:TAC) currently has a daily average trading volume of 719.71K but it saw 1204474 shares traded in last market. With a market cap of 3.13B USD, the company’s current market price of $10.49 came rising about 1.25 while comparing to the previous closing price of $10.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.38 and as low as $5.94. In the recent trading on the day, stock has struck highest price mark of $10.23 while lowest mark touched by it was $10.505.
Taking a look at 20-day trading activity of Transalta Corp. (TAC) gives us an average price of $9.34, while its current price level is 1.06% below from 52-week high level whereas it is 76.60% 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 $8.53 while that of 200 days or SMA-200 reads an average of $7.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.47% during that period while stretching the period over a month that decreases to 2.28%. 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 83.72 which implies that the stock is in overbought territory.
Over the week, TAC’s stock price is moving 12.80% up while it is 16.69% when we observe its performance for the past one month. Year-to-date it is 26.23% up and over the past year, the stock is showing an upside performance of 13.16%.
Currently, Transalta Corp.’s total number of outstanding shares is 306.90M. Company’s return on investment (ROI) stands at 11.30% and return on equity (ROE) at 37.92%. It has a price to earnings ratio (P/E ratio) of 6.88 while having a 32.43 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 5.04 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is 6.81% on average.
