Closing Bell: Transalta Corp down on Friday (TA)

Transalta Corp opened trading today at $9.96 and closed at $9.67. It traded at a low of $9.66 to a high of $9.99.

The price dipped -3.40 percent from the previous day's close of $10.01.

During the day across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

Transalta Corp traded under TA on the Toronto Stock Exchange (TSX).

A total of 1,171,455 shares was traded during the session, with total trades of 3,484, with an average volume of 1,017,604 over 5 days.

The TSX overall saw 1,821 price advancers against 3,352 declines and 121 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 52 weeks, Transalta Corp's shares have dipped -26.46 percent, while they have eased -12.25% year-to-date.

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 $3.04 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. Currently, there are 7 buy ratings for the stock.

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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..