Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Transalta Corp (NYSE: TAC) closed at $11.48 down -0.52% from its previous closing price of $11.54. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1.37 million shares were traded. TAC stock price reached its highest trading level at $11.73 during the session, while it also had its lowest trading level at $11.39.
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 9.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 1.59.
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 3441164288 and an Enterprise Value of 8239631872. As of this moment, Transalta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.20, and their Forward P/E ratio for the next fiscal year is 40.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 5.31. Its current Enterprise Value per Revenue stands at 2.952 whereas that against EBITDA is 7.196.
Stock Price History:
The Beta on a monthly basis for TAC is 0.81, which has changed by 0.6710335 over the last 52 weeks, in comparison to a change of 0.22208416 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 $5.94. The 50-Day Moving Average of the stock is -10.14%, while the 200-Day Moving Average is calculated to be 21.78%.
Shares Statistics:
For the past three months, TAC has traded an average of 1.42M shares per day and 2178490 over the past ten days. A total of 298.50M shares are outstanding, with a floating share count of 296.19M. Insiders hold about 0.74% of the company’s shares, while institutions hold 58.47% stake in the company. Shares short for TAC as of 1736899200 were 7356109 with a Short Ratio of 5.18, compared to 1734048000 on 7211854. Therefore, it implies a Short% of Shares Outstanding of 7356109 and a Short% of Float of 2.4699999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for TAC is 0.18, from 0.235 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020363951The stock’s 5-year Average Dividend Yield is 1.75.
