Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Transalta Corp. (NYSE: TAC) was $7.22 for the day, down -1.37% from the previous closing price of $7.32. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 1.44 million shares were traded. TAC stock price reached its highest trading level at $7.33 during the session, while it also had its lowest trading level at $7.132.
Ratios:
Our analysis of TAC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 1.62.
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 2222272512 and an Enterprise Value of 7046602240. As of this moment, Transalta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.62, and their Forward P/E ratio for the next fiscal year is 21.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 2.193 whereas that against EBITDA is 4.546.
Stock Price History:
Over the past 52 weeks, TAC has reached a high of $10.40, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is 10.08%, while the 200-Day Moving Average is calculated to be -9.19%.
Shares Statistics:
TAC traded an average of 866.38K shares per day over the past three months and 1003880 shares per day over the past ten days. A total of 306.90M shares are outstanding, with a floating share count of 294.74M. Insiders hold about 4.16% of the company’s shares, while institutions hold 58.41% stake in the company. Shares short for TAC as of 1713139200 were 3532724 with a Short Ratio of 4.08, compared to 1710460800 on 3592915. Therefore, it implies a Short% of Shares Outstanding of 3532724 and a Short% of Float of 1.15.
Dividends & Splits
With its trailing 12-month dividend rate of 0.225, TAC has a forward annual dividend rate of 0.17. Against a Trailing Annual Dividend Yield of 0.030737704The stock’s 5-year Average Dividend Yield is 1.75.
