Closing Bell: Transalta Corp down on Thursday (TA)

In trading today, Transalta Corp stock opened at $10.20 and closed at $10.01. It traded at a low of $9.93 to a high of $10.32.

The price shrank -2.25 percent from the previous day's close of $10.24.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Transalta Corp has listed on the Toronto Stock Exchange (TSX) under the ticker TA.

Trading volume was 1,038,779 on 4,063 total trades, while having an average volume of 977,338 in the last five days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, TA.TO has traded as high as $13.97 (August 11,2023) and low as $8.22 (April 16,2024). Moreover, in the last 12 months, Transalta Corp's shares have shrunken -23.00 percent, while in 2024, they have dipped -9.17%.

It announced a 0.06 dividend on April 25/24, with an May 31/24 ex-date and July 01/24 pay day.

Following today's trading, Transalta Corp has a market capitalization of $3.11 billion on a float of 303,257 shares outstanding. Its annual EPS is $1.95.

Transalta Corp is a TSX Utilities Independent Power company headquartered in Calgary, CAN.

Currently, Transalta Corp has an average recommendation of "Strong Buy" based on 7.00 analysts according to Zacks. From those 7 analysts, 7 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..