TransAlta Renewables Inc. (OTCMKTS:TRSWF – Get Free Report)’s share price was up 2.8% during trading on Wednesday. The company traded as high as $9.21 and last traded at $9.15. 28,900 shares were traded during trading, an increase of 225% from the average session volume of 8,885 shares. The stock had previously closed at $8.90.
TransAlta Renewables Stock Performance
The stock has a 50 day simple moving average of $9.15 and a two-hundred day simple moving average of $9.15.
About TransAlta Renewables
TransAlta Renewables Inc was a Canadian renewable power company focused on owning and operating renewable and natural gas power generation facilities. Its portfolio included hydroelectric, wind and natural gas assets, as well as related energy infrastructure and contracted power-generation operations.
The company served electricity markets in Canada, the United States and Australia. Its business was primarily based on selling electricity and related products under long-term power purchase agreements and other commercial arrangements, providing exposure to a geographically diverse portfolio of generation assets.
TransAlta Renewables was established as a subsidiary of TransAlta Corporation and became a separately traded company in 2013.
Featured Articles
- Five stocks we like better than TransAlta Renewables
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for TransAlta Renewables Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAlta Renewables and related companies with MarketBeat.com's FREE daily email newsletter.
