Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Transalta Corp (NYSE: TAC) closed at $13.61 down -3.20% from its previous closing price of $14.06. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 1.6 million shares were traded. TAC stock price reached its highest trading level at $14.22 during the session, while it also had its lowest trading level at $13.52.
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 11.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.33. 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 4067430144 and an Enterprise Value of 8875224064. As of this moment, Transalta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.81, and their Forward P/E ratio for the next fiscal year is 48.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 6.29. Its current Enterprise Value per Revenue stands at 3.18 whereas that against EBITDA is 7.751.
Stock Price History:
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 13.48%, while the 200-Day Moving Average is calculated to be 52.73%.
Shares Statistics:
For the past three months, TAC has traded an average of 1.04M shares per day and 1215760 over the past ten days. A total of 298.50M shares are outstanding, with a floating share count of 296.24M. Insiders hold about 0.72% of the company’s shares, while institutions hold 64.51% stake in the company. Shares short for TAC as of 1734048000 were 7211854 with a Short Ratio of 3.25, compared to 1731628800 on 5383965. Therefore, it implies a Short% of Shares Outstanding of 7211854 and a Short% of Float of 2.42.
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 0.016714081The stock’s 5-year Average Dividend Yield is 1.75.
