Atlantic Power (TSE:ATP) Shares Pass Above 200-Day Moving Average of $0.00

Atlantic Power Corp (TSE:ATP) (NYSE:ATP) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $3.16. Atlantic Power shares last traded at $3.12, with a volume of 10,100 shares.

Separately, National Bank Financial increased their target price on shares of Atlantic Power from C$2.80 to C$2.90 and gave the stock a “sector perform” rating in a research report on Friday, May 17th.

The company has a market cap of $341.27 million and a PE ratio of 12.39. The stock has a fifty day moving average of C$3.19. The company has a debt-to-equity ratio of 374.07, a quick ratio of 0.83 and a current ratio of 1.01.

About Atlantic Power (TSE:ATP)

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2017, its power generation projects had an aggregate gross electric generation capacity of approximately 1,633 megawatts consisting of interests in 18 operational power generation projects across 9 states in the United States and 2 provinces in Canada.

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