Market Highlights: Transalta Corp. (TAC) Ends on a Low Note at 6.96

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The price of Transalta Corp. (NYSE: TAC) closed at $6.96 in the last session, down -1.14% from day before closing price of $7.04. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 0.76 million shares were traded. TAC stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.89.

Ratios:

We take a closer look at TAC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.96. 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 2139719808 and an Enterprise Value of 6967536128. As of this moment, Transalta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.45, and their Forward P/E ratio for the next fiscal year is 20.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 3.31. Its current Enterprise Value per Revenue stands at 2.169 whereas that against EBITDA is 4.495.

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 5.87%, while the 200-Day Moving Average is calculated to be -11.96%.

Shares Statistics:

According to the various share statistics, TAC traded on average about 883.91K shares per day over the past 3-months and 1136910 shares per day over the past 10 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 55.35% stake in the company. Shares short for TAC as of 1714435200 were 4793227 with a Short Ratio of 5.42, compared to 1711584000 on 3165895. Therefore, it implies a Short% of Shares Outstanding of 4793227 and a Short% of Float of 1.5800001000000001.

Dividends & Splits

The forward annual dividend rate for TAC is 0.17, which was 0.225 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.031960227The stock’s 5-year Average Dividend Yield is 1.75.

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