TransAlta (TSE:TA) (NYSE:TAC) Director Georgia Ricci Nelson purchased 5,000 shares of the business’s stock in a transaction on Wednesday, March 21st. The stock was purchased at an average cost of C$5.60 per share, for a total transaction of C$28,000.00.
TransAlta (TA) traded up C$0.04 during midday trading on Friday, reaching C$7.15. 33,361 shares of the company’s stock traded hands, compared to its average volume of 550,469. The stock has a market capitalization of $2,140.00, a price-to-earnings ratio of -10.77 and a beta of 0.20. TransAlta has a fifty-two week low of C$6.31 and a fifty-two week high of C$8.50.
TransAlta (TSE:TA) (NYSE:TAC) last announced its quarterly earnings data on Thursday, March 1st. The company reported C($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.01 by C($0.15). The company had revenue of C$638.00 million for the quarter, compared to analysts’ expectations of C$605.06 million. TransAlta had a negative net margin of 6.46% and a negative return on equity of 4.34%.
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TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.
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