Capital Power Co. (TSE:CPX) Senior Officer Jason Daniel Comandante Sells 2,000 Shares

Capital Power Co. (TSE:CPX - Get Free Report) Senior Officer Jason Daniel Comandante sold 2,000 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$52.95, for a total value of C$105,900.00.

Capital Power Stock Performance

Shares of Capital Power stock traded up C$1.05 on Monday, reaching C$53.20. 284,892 shares of the company traded hands, compared to its average volume of 950,426. The company has a 50 day moving average of C$48.30 and a 200 day moving average of C$54.60. The firm has a market capitalization of C$7.51 billion, a PE ratio of 12.64, a PEG ratio of 0.91 and a beta of 0.64. Capital Power Co. has a 52 week low of C$37.15 and a 52 week high of C$68.73. The company has a debt-to-equity ratio of 136.03, a current ratio of 1.05 and a quick ratio of 0.55.

Wall Street Analysts Forecast Growth

CPX has been the subject of a number of research reports. National Bankshares decreased their target price on Capital Power from C$65.00 to C$62.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. TD Securities reduced their price target on shares of Capital Power from C$70.00 to C$66.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. CIBC raised Capital Power from a "neutral" rating to an "outperform" rating and lowered their price objective for the company from C$68.00 to C$64.00 in a report on Tuesday, February 18th. ATB Capital cut their price objective on Capital Power from C$63.00 to C$62.00 and set a "sector perform" rating for the company in a research report on Thursday, February 27th. Finally, Cibc World Mkts raised Capital Power from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$63.50.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.

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