Closing Bell: Transalta Corp down on Monday (TA)

Transalta Corp opened trading today at $10.02 and closed at $9.88. Intraday prices ranged from a low of $9.78 to a high of $10.05.

Share prices slid -1.69 percent from the previous day's close of $10.05.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

A total of 872,406 shares was traded during the last trading day, with total trades of 3,660, while having an average volume of 872,950 in the last five days.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 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 -24.52 percent in the last year, while this year, they have eased -10.34%.

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 $3.05 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.

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..