Transalta Corp (NYSE:TAC) currently has a daily average trading volume of 1.99M but it saw 1492235 shares traded in last market. With a market cap of 2.87B USD, the company’s current market price of $9.66 came rising about 3.65 while comparing to the previous closing price of $9.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.64 and as low as $5.94. In the recent trading on the day, stock has struck highest price mark of $9.31 while lowest mark touched by it was $9.815.
Taking a look at 20-day trading activity of Transalta Corp (TAC) gives us an average price of $10.17, while its current price level is -34.02% below from 52-week high level whereas it is 62.63% 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 $11.64 while that of 200 days or SMA-200 reads an average of $9.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.98% during that period while stretching the period over a month that decreases to 4.49%. 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 40.43 which implies that the stock is in neutral territory.
Over the week, TAC’s stock price is moving -1.73% down while it is -10.14% when we observe its performance for the past one month. Year-to-date it is -31.73% down and over the past year, the stock is showing an upside performance of 39.19%.
The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.15 while estimate for next year EPS is 0.36.
Currently, Transalta Corp’s total number of outstanding shares is 297.50M with 0.22% of that held by the insiders while 74.94% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.83% and return on equity (ROE) at 14.31%. It has a price to earnings ratio (P/E ratio) of 22.76 while having a 45.81 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 5.14 while price to sale or P/S ratio amounts to 1.38. Its return on asset (ROA) is 2.59% on average.
