National Bank Financial Weighs in on Atlantic Power Corp’s FY2017 Earnings (ATP)
Atlantic Power Corp (TSE:ATP) (NYSE:ATP) – Stock analysts at National Bank Financial dropped their FY2017 earnings per share (EPS) estimates for Atlantic Power Corp in a research note issued on Tuesday. National Bank Financial analyst R. Merer now anticipates that the company will post earnings per share of ($0.34) for the year, down from their prior forecast of $0.34. National Bank Financial also issued estimates for Atlantic Power Corp’s Q4 2017 earnings at $0.06 EPS and FY2018 earnings at ($0.32) EPS.
Shares of Atlantic Power Corp (TSE:ATP) traded down 0.65% on Friday, hitting $3.08. The stock had a trading volume of 6,400 shares. The firm’s market cap is $355.06 million. The stock has a 50 day moving average of $3.04 and a 200 day moving average of $3.24. Atlantic Power Corp has a 12-month low of $2.87 and a 12-month high of $3.67.
In other news, Director James J. Moore acquired 15,489 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was acquired at an average price of C$2.40 per share, with a total value of C$37,173.60. Insiders have purchased 57,217 shares of company stock valued at $137,051 in the last ninety days.
Atlantic Power Corp Company Profile
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.
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