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.

Several research firms have recently weighed in on TA. BMO Capital Markets increased their price target on shares of TransAlta from C$7.50 to C$8.50 in a research note on Tuesday, September 11th. CIBC dropped their price target on shares of TransAlta from C$8.50 to C$8.00 in a research note on Wednesday, October 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of C$8.38.

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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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Insider Buying and Selling by Quarter for TransAlta (TSE:TA)

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