Talen Energy Co. (OTCMKTS:TLNE) Short Interest Up 53.1% in April

Talen Energy Co. (OTCMKTS:TLNE - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,124,500 shares, an increase of 53.1% from the March 31st total of 734,500 shares. Based on an average trading volume of 285,200 shares, the days-to-cover ratio is presently 3.9 days.

Talen Energy Trading Up 2.6 %

Shares of Talen Energy stock traded up $2.50 on Friday, hitting $100.40. 90,434 shares of the company traded hands, compared to its average volume of 151,053. The company has a debt-to-equity ratio of 1.11, a current ratio of 3.20 and a quick ratio of 2.43. Talen Energy has a 52 week low of $44.50 and a 52 week high of $101.19. The company's 50-day moving average price is $87.07.

Talen Energy (OTCMKTS:TLNE - Get Free Report) last announced its quarterly earnings results on Thursday, March 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.34. The business had revenue of $527.00 million during the quarter, compared to the consensus estimate of $507.00 million. On average, equities analysts predict that Talen Energy will post 2.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. BWS Financial raised their price objective on shares of Talen Energy from $96.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, March 28th. Wolfe Research started coverage on shares of Talen Energy in a report on Friday, February 16th. They issued an "outperform" rating and a $81.00 price objective on the stock.

Talen Energy Company Profile

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.