Closing Bell: Transalta Corp down on Tuesday (TA)

Today, Transalta Corp shares opened at $10.16 and closed at $10.19. It traded at a low of $10.13 to a high of $10.25.

Shares dipped -0.20% from the previous day's close of $10.21.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 863,681 shares was traded during the last trading day, with total trades of 3,326, while having an average volume of 1,100,903 over the last 5-days.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 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 -23.04%, while this year, they have decreased -7.53%.

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 $3.10 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..