TransAlta Renewables Inc. (OTCMKTS:TRSWF – Get Free Report) shares rose 2.8% during mid-day trading on Friday . The stock traded as high as $9.21 and last traded at $9.15. Approximately 28,900 shares traded hands during mid-day trading, an increase of 225% from the average daily volume of 8,885 shares. The stock had previously closed at $8.90.
TransAlta Renewables Stock Performance
The firm’s fifty day simple moving average is $9.15 and its 200 day simple moving average is $9.15.
About TransAlta Renewables
TransAlta Renewables Inc (OTCMKTS:TRSWF) is a Calgary-based renewable energy company established in December 2013 as a spin-off from TransAlta Corporation. The company specializes in owning, operating and acquiring clean power generation assets, with a focus on sustainable energy solutions. Since its inception, TransAlta Renewables has aimed to build a diversified portfolio that supports long-term contracted revenues and reliable power delivery.
The company’s asset base comprises wind farms, hydroelectric stations and gas-fired peaking facilities.
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