Capital Power (TSE:CPX) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• Capital Power crossed above its 200-day moving average, trading as high as C$68.25 and last at C$67.60 on volume of 275,814 shares versus a 200‑day MA of C$63.68.
• Analysts are broadly positive: several firms raised targets and ratings, leaving a consensus rating of "Moderate Buy" and a consensus price target of C$76.56.
• Fundamentals are mixed — market cap C$10.57B but a high valuation and leverage with a PE of 76.82 and debt‑to‑equity of 141.73, while the latest quarter showed a C($0.13) EPS loss.

Capital Power Co. (TSE:CPX - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$63.68 and traded as high as C$68.25. Capital Power shares last traded at C$67.60, with a volume of 275,814 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CPX shares. ATB Cormark Capital Markets set a C$75.00 target price on Capital Power and gave the stock an "outperform" rating in a report on Tuesday, December 23rd. Desjardins increased their price target on Capital Power from C$80.00 to C$82.00 and gave the company a "buy" rating in a report on Thursday, January 8th. Finally, Canadian Imperial Bank of Commerce boosted their price objective on Capital Power from C$81.00 to C$82.00 in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$76.56.

Capital Power Stock Down 0.5%

The firm has a 50-day moving average of C$63.70 and a two-hundred day moving average of C$63.68. The company has a quick ratio of 0.55, a current ratio of 0.94 and a debt-to-equity ratio of 141.73. The company has a market capitalization of C$10.57 billion, a PE ratio of 76.82, a price-to-earnings-growth ratio of 0.91 and a beta of 0.49.

Capital Power (TSE:CPX - Get Free Report) last posted its earnings results on Wednesday, March 4th. The company reported C($0.13) EPS for the quarter. The business had revenue of C$1.06 billion during the quarter. Capital Power had a net margin of 4.82% and a return on equity of 3.30%. Equities research analysts predict that Capital Power Co. will post 2.8197088 earnings per share for the current fiscal year.

Capital Power Company Profile

Capital Power TSX: CPX is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.

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