Closing Bell: Transalta Corp down on Friday (TA)

Today in trading, Transalta Corp shares closed at $11.13 after opening the day at $11.14. It traded at a low of $11.04 to a high of $11.34.

The price eased -1.42 percent from the previous day's close of $11.29.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 1,309,602 shares was traded during the session, with total trades of 5,987, with an average volume of 1,384,105 in the last five days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 eased -17.31% in 52 weeks, while they have advanced 1.00% this year.

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 $3.42 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 is holding an average recommendation of "Strong Buy" from 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..