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.
In the latest session, Transalta Corp (NYSE: TAC) closed at $12.5 up 2.04% from its previous closing price of $12.25. In other words, the price has increased by $2.04 from its previous closing price. On the day, 1.28 million shares were traded. TAC stock price reached its highest trading level at $12.63 during the session, while it also had its lowest trading level at $12.12.
Ratios:
For a deeper understanding of Transalta Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.28.
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 3722375168 and an Enterprise Value of 9020000256. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 7.94. Its current Enterprise Value per Revenue stands at 3.598 whereas that against EBITDA is 11.027.
Stock Price History:
The Beta on a monthly basis for TAC is 0.77, which has changed by 0.48279953 over the last 52 weeks, in comparison to a change of 0.16461086 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 $7.82. The 50-Day Moving Average of the stock is 8.96%, while the 200-Day Moving Average is calculated to be 14.82%.
Shares Statistics:
For the past three months, TAC has traded an average of 1.45M shares per day and 1481610 over the past ten days. A total of 296.40M shares are outstanding, with a floating share count of 294.61M. Insiders hold about 0.61% of the company’s shares, while institutions hold 78.95% stake in the company. Shares short for TAC as of 1753920000 were 5142035 with a Short Ratio of 6.11, compared to 1751241600 on 10476133. Therefore, it implies a Short% of Shares Outstanding of 5142035 and a Short% of Float of 1.7399999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for TAC is 0.18, from 0.245 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02The stock’s 5-year Average Dividend Yield is 1.72.
