Market Recap Check: Transalta Corp (TAC)’s Positive Finish at 12.28, Up/Down 1.32

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Transalta Corp (NYSE: TAC) closed at $12.28 in the last session, up 1.32% from day before closing price of $12.12. In other words, the price has increased by $1.32 from its previous closing price. On the day, 0.52 million shares were traded. TAC stock price reached its highest trading level at $12.29 during the session, while it also had its lowest trading level at $12.035.

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 18.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.23. 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 3651875328 and an Enterprise Value of 8954791936. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 7.80. Its current Enterprise Value per Revenue stands at 3.572 whereas that against EBITDA is 10.947.

Stock Price History:

The Beta on a monthly basis for TAC is 0.76, which has changed by 0.35690606 over the last 52 weeks, in comparison to a change of 0.18469036 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 3.20%, while the 200-Day Moving Average is calculated to be 11.31%.

Shares Statistics:

According to the various share statistics, TAC traded on average about 1.35M shares per day over the past 3-months and 1096080 shares per day over the past 10 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 82.19% stake in the company. Shares short for TAC as of 1755216000 were 7147046 with a Short Ratio of 5.30, compared to 1752537600 on 8834756. Therefore, it implies a Short% of Shares Outstanding of 7147046 and a Short% of Float of 2.42.

Dividends & Splits

The forward annual dividend rate for TAC is 0.18, which was 0.245 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.020214522The stock’s 5-year Average Dividend Yield is 1.71.

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