Closing Bell: Transalta Corp down on Monday (TA)

Today in trading, shares of Transalta Corp opened at $9.69 and closed at $9.52. Intraday prices ranged from $9.51 to $9.79.

Shares eased -1.55% from the previous day's close of $9.67.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

A total of 1,090,932 shares was traded during the session, with total trades of 4,084. On average, Transalta Corp has traded 1,061,309 shares over the last 5-days and 955,446 year-to-date.

The TSX overall saw 3,734 price advancers against 1,480 declines and 101 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 dipped -29.17%, while they have eased -13.61% since the start of 2024.

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 $2.93 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.

Transalta Corp's average recommendation is "Strong Buy" based on 7.00 analysts according to Zacks. From those 7 analysts, 7 have buy ratings.

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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..