TransAlta Corporation (TAC) Sets 12-Month Low on Jun, 29

June 29, 2018 - By Gwen Gough

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.

TAC touched $4.955 during the last trading session after $0.131 change.Currently TransAlta Corporation is downtrending after 8.48% change in last June 29, 2017. TAC has 15,150 shares volume. TAC underperformed by 21.05% the S&P 500.

On August, 8. Investors wait TransAlta Corporation (NYSE:TAC) to reveal its quarterly earnings, RTT reports. Last year’s earnings per share was $-0.02, while now analysts expect change of 150.00 % up from current $0.01 earnings per share. If earnings per share of $0.01 is revealed the profit of TAC could hit $2.93 million giving it 123.88 P/E. Last quarter $0.18 earnings per share was reported. Analysts forecasts -94.44 % negative EPS growth this quarter.

A couple more TransAlta Corporation (NYSE:TAC) news were released by: which released on June 13, 2018 “The Best Stocks for Young Investors to Buy in Their TFSAs”, also on June 12, 2018 released “Why We Did Not Buy Hannon Armstrong – Part 2”, 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.Last it reported negative earnings. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.

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