Closing Bell: Transalta Corp up on Wednesday (TA)

Transalta Corp opened trading today at $9.59 and closed at $10.00. Intraday prices ranged from $9.55 to $10.21.

Share prices gained 4.49% from the previous day's close of $9.57.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 1,786,071 on 6,017 total trades, while having an average volume of 1,228,298 over the last 5-days.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 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 reduced -25.98 percent, while this year, they have eased -9.26%.

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 $2.90 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's consensus rating is "Strong Buy" based on 7 analysts according to Zacks. Currently, there are 7 buy ratings for the stock.

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..