Talen Energy Co. (OTCMKTS:TLNE – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 651,300 shares, a growth of 45.3% from the May 31st total of 448,100 shares. Based on an average daily volume of 1,306,400 shares, the short-interest ratio is currently 0.5 days.
Talen Energy Stock Up 0.5 %
Shares of OTCMKTS TLNE traded up $0.57 during mid-day trading on Friday, hitting $111.02. The stock had a trading volume of 375,724 shares, compared to its average volume of 586,038. The company has a debt-to-equity ratio of 0.95, a current ratio of 4.56 and a quick ratio of 2.43. The company has a 50 day moving average of $109.46 and a two-hundred day moving average of $86.82. Talen Energy has a twelve month low of $49.00 and a twelve month high of $125.79.
Talen Energy (OTCMKTS:TLNE – Get Free Report) last posted its quarterly earnings results on Monday, May 13th. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $0.83 by $1.05. The business had revenue of $509.00 million during the quarter, compared to analysts’ expectations of $597.00 million. As a group, equities research analysts forecast that Talen Energy will post 0.78 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on TLNE
About Talen Energy
Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company operates nuclear, fossil, solar, and coal power plants. It is also developing battery storage projects.
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