TSX:TARenewable Energy
Is It Time To Reassess TransAlta (TSX:TA) After A Year Of Share Price Weakness?
If you are wondering whether TransAlta's share price fairly reflects its underlying value today, you are not alone. This article is built to help you frame that question clearly.
TransAlta's recent returns have been mixed, with the share price roughly flat over 7 days and 30 days at about 0.2% decline in each period, and a 2.5% decline year to date, even though the 3 year and 5 year returns sit at 41.9% and 69.3% respectively.
Over the past year, the stock has recorded an 8.6% decline, which...