Closing Bell: Transalta Corp up on Thursday (TA)

Transalta Corp opened trading today at $10.55 and closed at $11.29. It traded at a low of $10.50 to a high of $11.34.

The price boosted 8.56% from the previous day's close of $10.40.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 2,611,320 shares was traded during the session, with total trades of 11,090, while having an average volume of 1,301,117 over 5 days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 shrunken -16.06 percent, while they have advanced 2.45% since the start of 2024.

It announced a 0.06 dividend on July 29/24, with an August 30/24 ex-date and October 01/24 pay day.

Following today's trading, Transalta Corp has a market capitalization of $3.15 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..