Closing Bell: Transalta Corp up on Monday (TA)

In trading today, shares of Transalta Corp opened at $10.17 and closed at $10.21. prices ranged from a low of $10.06 to a high of $10.23.

Shares advanced 0.89 percent from the previous day's close of $10.12.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 793,407 on 2,748 total trades. On average, Transalta Corp has traded 1,139,018 shares over the last 5-days and 961,733 year-to-date.

The TSX overall saw 1,903 price advancers against 3,356 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, the shares have shrunken -22.89% in the last year, while in 2024, they have dipped -7.35%.

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 $3.07 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. 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..