Insider Buying: TransAlta Co. (TA) Insider Buys C$651,120.40 in Stock
TransAlta Co. (TSE:TA) (NYSE:TAC) insider Sandy Mcintosh purchased 13,679 shares of the company’s stock in a transaction dated Friday, November 30th. The stock was purchased at an average cost of C$47.60 per share, with a total value of C$651,120.40.
TSE:TA opened at C$7.09 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.62 and a debt-to-equity ratio of 74.30. TransAlta Co. has a fifty-two week low of C$6.31 and a fifty-two week high of C$8.18.
TransAlta (TSE:TA) (NYSE:TAC) last posted its quarterly earnings data on Wednesday, October 31st. The company reported C($0.17) earnings per share for the quarter. The company had revenue of C$593.00 million for the quarter. On average, sell-side analysts expect that TransAlta Co. will post 0.089999997461213 EPS for the current fiscal year.
TransAlta Company Profile
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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