In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Transalta Corp (NYSE: TAC) closed the day trading at $10.63 down -0.75% from the previous closing price of $10.71. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.24 million shares were traded. TAC stock price reached its highest trading level at $10.78 during the session, while it also had its lowest trading level at $10.59.
Ratios:
For a better understanding of TAC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 2.67 whereas as Long-Term Debt/Eq ratio is at 2.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAC now has a Market Capitalization of 3151263488 and an Enterprise Value of 8622155776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 5.74. Its current Enterprise Value per Revenue stands at 3.246 whereas that against EBITDA is 8.972.
Stock Price History:
The Beta on a monthly basis for TAC is 0.73, which has changed by 0.5361272 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, TAC has reached a high of $14.64, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is 8.61%, while the 200-Day Moving Average is calculated to be 0.07%.
Shares Statistics:
Over the past 3-months, TAC traded about 1.41M shares per day on average, while over the past 10 days, TAC traded about 1315530 shares per day. A total of 296.60M shares are outstanding, with a floating share count of 294.61M. Insiders hold about 0.60% of the company’s shares, while institutions hold 81.09% stake in the company. Shares short for TAC as of 1749772800 were 10472889 with a Short Ratio of 7.44, compared to 1747267200 on 10972028. Therefore, it implies a Short% of Shares Outstanding of 10472889 and a Short% of Float of 3.54.
Dividends & Splits
TAC’s forward annual dividend rate is 0.18, up from 0.24 a year ago. Against a Trailing Annual Dividend Yield of 0.022408962The stock’s 5-year Average Dividend Yield is 1.73.
