TransAlta Renewables (TSE:RNW) Trading 1.1% Higher

TransAlta Renewables Inc. (TSE:RNWGet Free Report)’s stock price was up 1.1% during trading on Monday . The stock traded as high as C$12.49 and last traded at C$12.48. Approximately 880,836 shares changed hands during mid-day trading, an increase of 51% from the average daily volume of 582,037 shares. The stock had previously closed at C$12.34.

TransAlta Renewables Price Performance

The company has a debt-to-equity ratio of 48.12, a current ratio of 0.87 and a quick ratio of 0.82. The firm’s 50 day moving average price is C$12.48. The firm has a market cap of C$3.33 billion, a price-to-earnings ratio of 41.60, a price-to-earnings-growth ratio of 2.71 and a beta of 0.74.

About TransAlta Renewables

(Get Free Report)

TransAlta Renewables Inc owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments.

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