Closing Bell: Transalta Corp down on Friday (TA)

Today, shares of Transalta Corp opened at $11.14 and closed at $11.13. It traded at a low of $11.04 to a high of $11.34.

Shares eased -1.42% from the previous day's close of $11.29.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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. On average, Transalta Corp has traded 1,384,105 shares over 5 days and 976,934 year-to-date.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 the last 12 months, while they have raised 1.00% 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 $3.32 billion on a float of 298,100 shares outstanding. Its annual EPS is $1.90.

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..