Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Transalta Corp.’s current trading price is -21.63% away from its 52-week high, while its distance from the 52-week low is 37.21%. The stock’s price range over this period has fluctuated between $5.94 and $10.40. The company, operating within the financial sector, had a trading volume of approximately 1.66 million for the day, which was noticeably higher than the average daily share volume of 0.77 million over the last 3 months.
Transalta Corp. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $10.40 on 08/10/23 and the lowest value was $5.94 on 04/16/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Transalta Corp. (TAC) has experienced a quarterly rise of 21.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.48B and boasts a workforce of 1257 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.88, with a change in price of +1.21. Similarly, Transalta Corp. recorded 826,671 in trading volume during the last 100 days, posting a change of +17.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TAC stands at 2.33. Similarly, the long-term debt-to-equity ratio is also 1.62.
TAC Stock Stochastic Average
Today, Transalta Corp.’s raw stochastic average for the past 50 days stands at 98.56%, indicating a rise from the raw stochastic average of the last 20 days, which was 98.56%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 89.21% and 82.22% respectively.
TAC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -1.93%. However, over the past six months, we’ve seen a weaker performance of 12.57%. The price of TAC fallen by 17.77% over the last 30 days. And in the last five days, it has surged by 11.04%.
