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Capital Power (TSE:CPX) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Capital Power logo with Utilities background
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Key Points

  • Capital Power has crossed above its 200-day moving average, trading as high as C$66.14 and last at C$64.99 on roughly 1.0M shares, representing about a 4.2% intraday gain.
  • Analyst sentiment is bullish: Desjardins upgraded to a strong‑buy with an C$82 target, and the consensus rating is "Buy" with a consensus target of C$76.56.
  • Investors should note valuation and balance‑sheet risks—market cap C$10.17B with a P/E of 73.85 and a high debt‑to‑equity ratio of 141.73, despite modest recent EPS (C$0.04) and net margin (4.82%).
  • MarketBeat previews the top five stocks to own by June 1st.

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$63.44 and traded as high as C$66.14. Capital Power shares last traded at C$64.99, with a volume of 1,003,752 shares trading hands.

Analyst Upgrades and Downgrades

CPX has been the subject of a number of recent analyst reports. Desjardins upgraded shares of Capital Power from a "buy" rating to a "strong-buy" rating and set a C$82.00 target price for the company in a research report on Thursday, April 23rd. Canadian Imperial Bank of Commerce boosted their price target on shares of Capital Power from C$81.00 to C$82.00 in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$76.56.

Check Out Our Latest Report on Capital Power

Capital Power Trading Up 4.2%

The stock has a market capitalization of C$10.17 billion, a P/E ratio of 73.85, a price-to-earnings-growth ratio of 0.91 and a beta of 0.49. The business has a 50 day simple moving average of C$64.68 and a 200-day simple moving average of C$63.44. The company has a debt-to-equity ratio of 141.73, a quick ratio of 0.55 and a current ratio of 0.94.

Capital Power (TSE:CPX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$0.04 EPS for the quarter. Capital Power had a return on equity of 3.30% and a net margin of 4.82%.The company had revenue of C$1.18 billion for the quarter. On average, analysts predict that Capital Power Co. will post 2.8197088 EPS for the current year.

About Capital Power

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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