TransAlta Corporation (TAC) Reached 12-Month Low at $4.96

June 29, 2018 - By Ronnie Lemelle

TransAlta Corporation (NYSE:TAC) Corporate Logo

TransAlta Corporation (NYSE:TAC) having $4.96 stock price and $4.71 target broke into 52 week low. It was announced on Jun, 29 according to TransAlta Corporation (NYSE:TAC) has $1.45 billion market cap. $72.55 million less could be NYSE:TAC valuation at $4.71 share price.

The stock increased 2.71% or $0.131 during the last trading session, hitting $4.955.Currently TransAlta Corporation is downtrending after 8.48% change in last June 29, 2017. TAC has 15,150 shares volume. TAC underperformed the S&P500 by 21.05%.

On August, 8. Investors wait TransAlta Corporation (NYSE:TAC) to report its quarterly earnings, according to Faxor. The earnings per share diference is $0.03 or 150.00 % up from last years number. Previous year: $-0.02; Analysts forcast: $0.01. This could hit $2.93 million profit for TAC assuming the current $0.01 earnings per share will become reality. Analysts at Wall Street see TransAlta Corporation’s -94.44 % negative EPS growth compared to $0.18 earnings per share for previous quarter.

A couple more TransAlta Corporation (NYSE:TAC) news were posted by: which released on June 12, 2018 “Why We Did Not Buy Hannon Armstrong – Part 2”, also on June 13, 2018 posted “The Best Stocks for Young Investors to Buy in Their TFSAs”, the next is “5 Tips to Help You Create Long-Term Wealth” on June 16, 2018. has article titled “7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns”.

TransAlta Corporation operates as non-regulated electricity generation and energy marketing firm in Canada, the United States, and Western Australia.The firm is valued at $1.45 billion. The firm operates through eight divisions: Canadian Coal, U.S.Currently it has negative earnings. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.

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