TransAlta Renewables (TSE:RNW) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

TransAlta Renewables Inc. (TSE:RNWGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$12.48 and traded as high as C$12.49. TransAlta Renewables shares last traded at C$12.48, with a volume of 880,836 shares changing hands.

TransAlta Renewables Price Performance

The business has a 50 day simple moving average of C$12.48. The stock has a market cap of C$3.33 billion, a P/E ratio of 41.60, a price-to-earnings-growth ratio of 2.71 and a beta of 0.74. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 48.12.

TransAlta Renewables Company Profile

(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.

Further Reading

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