TransAlta Co. (TSE:TA – Get Free Report) (NYSE:TAC) Senior Officer Jane Nyla Fedoretz sold 41,378 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of C$11.30, for a total value of C$467,571.40.
TransAlta Stock Up 0.4 %
TA stock traded up C$0.04 during midday trading on Wednesday, reaching C$11.35. 812,639 shares of the company were exchanged, compared to its average volume of 979,414. The company has a debt-to-equity ratio of 217.60, a quick ratio of 0.62 and a current ratio of 0.69. TransAlta Co. has a 1-year low of C$8.22 and a 1-year high of C$13.97. The company has a market cap of C$3.45 billion, a price-to-earnings ratio of 5.80, a price-to-earnings-growth ratio of -0.07 and a beta of 0.87. The stock’s 50-day simple moving average is C$9.86 and its 200 day simple moving average is C$9.46.
TransAlta Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 1st will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.11%. TransAlta’s dividend payout ratio (DPR) is presently 12.31%.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on TransAlta
TransAlta Company Profile
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.
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