Insider Buying: TransAlta Co. (TA) Insider Purchases C$74,996.28 in Stock

TransAlta Co. (TSE:TA) (NYSE:TAC) insider Jane Nyla Fedoretz acquired 10,548 shares of TransAlta stock in a transaction that occurred on Wednesday, December 5th. The stock was purchased at an average cost of C$7.11 per share, for a total transaction of C$74,996.28.

Shares of TA stock opened at C$7.04 on Friday. 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 one year low of C$6.31 and a one year high of C$8.00.

TransAlta (TSE:TA) (NYSE:TAC) last issued its earnings results on Wednesday, October 31st. The company reported C($0.17) EPS for the quarter. The business had revenue of C$593.00 million for the quarter. Equities analysts anticipate that TransAlta Co. will post 0.089999997461213 earnings per share for the current year.

A number of analysts recently weighed in on TA shares. CIBC reduced their price objective on shares of TransAlta from C$8.50 to C$8.00 in a research report on Wednesday, October 24th. BMO Capital Markets increased their price objective on shares of TransAlta from C$7.50 to C$8.50 in a research report on Tuesday, September 11th.

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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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