Capital Power Co. (TSE:CPX - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$54.63 and traded as low as C$54.42. Capital Power shares last traded at C$55.50, with a volume of 281,882 shares traded.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on CPX shares. BMO Capital Markets upgraded Capital Power from a "market perform" rating to an "outperform" rating in a research note on Wednesday, April 23rd. National Bankshares decreased their price objective on Capital Power from C$65.00 to C$62.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Desjardins increased their price objective on Capital Power from C$67.00 to C$68.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. TD Securities decreased their price objective on 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. Finally, ATB Capital decreased 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. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$63.50.
Read Our Latest Stock Analysis on CPX
Capital Power Stock Down 0.6%
The company has a debt-to-equity ratio of 136.03, a quick ratio of 0.55 and a current ratio of 1.05. The firm has a fifty day moving average price of C$50.31 and a 200 day moving average price of C$54.60. The firm has a market capitalization of C$7.74 billion, a price-to-earnings ratio of 13.02, a PEG ratio of 0.91 and a beta of 0.64.
Insider Activity at Capital Power
In other news, Senior Officer Sandra Anne Haskins sold 5,710 shares of Capital Power stock in a transaction on Friday, May 9th. The stock was sold at an average price of C$53.00, for a total value of C$302,631.14. Also, Senior Officer Jacquelyn Marie Pylypiuk sold 962 shares of Capital Power stock in a transaction on Thursday, May 15th. The shares were sold at an average price of C$53.63, for a total value of C$51,590.14. Insiders sold 8,672 shares of company stock valued at $460,121 in the last ninety days. Corporate insiders own 0.17% of the company's stock.
About Capital Power
(
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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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