TransAlta Co. (TSE:TA – Get Free Report) (NYSE:TAC) Senior Officer Kerry Lynn O’reilly sold 48,833 shares of the company’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of C$10.99, for a total value of C$536,674.67.
TransAlta Trading Down 0.5 %
Shares of TA stock traded down C$0.06 on Friday, hitting C$11.04. The stock had a trading volume of 922,488 shares, compared to its average volume of 986,658. The company’s 50 day moving average price is C$9.94 and its 200-day moving average price is C$9.49. TransAlta Co. has a 1 year low of C$8.22 and a 1 year high of C$13.97. The company has a debt-to-equity ratio of 217.60, a current ratio of 0.69 and a quick ratio of 0.62. The firm has a market capitalization of C$3.36 billion, a P/E ratio of 5.71, a P/E/G ratio of -0.07 and a beta of 0.87.
TransAlta Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 1st will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.24 annualized dividend and a dividend yield of 2.17%. TransAlta’s dividend payout ratio (DPR) is 12.31%.
Analyst Ratings Changes
View Our Latest Stock Report on TA
About TransAlta
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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