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TransAlta Corporation is an utilities-independent power producers business based in the US. TransAlta Corporation shares (TAC) are listed on the NYSE and all prices are listed in US Dollars. TransAlta Corporation employs 1,543 staff and has a market cap (total outstanding shares value) of USD$2.1 billion.
|Latest market close||USD$7.59|
|52-week range||USD$3.5755 - USD$8.3382|
|50-day moving average||USD$6.9047|
|200-day moving average||USD$6.4092|
|Wall St. target price||USD$6.43|
|Dividend yield||USD$0.14 (1.9%)|
|Earnings per share (TTM)||USD$-0.709|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-09)||N/A|
|1 month (2020-12-16)||N/A|
|3 months (2020-10-16)||N/A|
|6 months (2020-07-16)||N/A|
|1 year (2020-01-16)||N/A|
|2 years (2019-01-16)||N/A|
|3 years (2018-01-16)||N/A|
|5 years (2016-01-16)||N/A|
Valuing TransAlta Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TransAlta Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TransAlta Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, TransAlta Corporation shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
|Gross profit TTM||USD$786 million|
|Return on assets TTM||1.6%|
|Return on equity TTM||-0.18%|
|Market capitalisation||USD$2.1 billion|
TTM: trailing 12 months
There are currently 300,576 TransAlta Corporation shares held short by investors – that's known as TransAlta Corporation's "short interest". This figure is 62.9% down from 810,531 last month.
There are a few different ways that this level of interest in shorting TransAlta Corporation shares can be evaluated.
TransAlta Corporation's "short interest ratio" (SIR) is the quantity of TransAlta Corporation shares currently shorted divided by the average quantity of TransAlta Corporation shares traded daily (recently around 166064.08839779). TransAlta Corporation's SIR currently stands at 1.81. In other words for every 100,000 TransAlta Corporation shares traded daily on the market, roughly 1810 shares are currently held short.
However TransAlta Corporation's short interest can also be evaluated against the total number of TransAlta Corporation shares, or, against the total number of tradable TransAlta Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TransAlta Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 TransAlta Corporation shares in existence, roughly 0 shares are currently held short) or 0.0011% of the tradable shares (for every 100,000 tradable TransAlta Corporation shares, roughly 1 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TransAlta Corporation.
Find out more about how you can short TransAlta Corporation stock.
We're not expecting TransAlta Corporation to pay a dividend over the next 12 months.
Over the last 12 months, TransAlta Corporation's shares have ranged in value from as little as $3.5755 up to $8.3382. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while TransAlta Corporation's is 1.3977. This would suggest that TransAlta Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilities with approximately 8,385 megawatts of aggregate generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
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