Capital Power Co. (TSE:CPX - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$54.81 and traded as low as C$41.87. Capital Power shares last traded at C$44.47, with a volume of 1,413,764 shares.
Wall Street Analysts Forecast Growth
CPX has been the subject of several recent analyst reports. Scotiabank upped their target price on shares of Capital Power from C$66.00 to C$69.00 and gave the company an "outperform" rating in a research note on Wednesday, December 18th. Desjardins boosted their target price on Capital Power from C$66.00 to C$69.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. CIBC raised Capital Power from a "neutral" rating to an "outperform" rating and dropped their price target for the stock from C$68.00 to C$64.00 in a research report on Tuesday, February 18th. National Bankshares lifted their price objective on Capital Power from C$56.00 to C$65.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Finally, BMO Capital Markets lowered their price objective on shares of Capital Power from C$68.00 to C$64.00 and set a "market perform" rating for the company in a research report on Thursday, February 27th. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Capital Power currently has an average rating of "Moderate Buy" and an average price target of C$62.33.
Check Out Our Latest Stock Analysis on Capital Power
Capital Power Stock Performance
The stock has a market cap of C$6.47 billion, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 136.03. The stock has a 50 day simple moving average of C$49.24 and a 200 day simple moving average of C$54.65.
Capital Power Company Profile
(
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Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.
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