Capital Power Co. (TSE:CPX - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$52.82 and traded as high as C$54.26. Capital Power shares last traded at C$53.94, with a volume of 775,977 shares.
Analyst Ratings Changes
CPX has been the topic of several recent analyst reports. CIBC increased their price objective on shares of Capital Power from C$54.00 to C$68.00 and gave the stock a "neutral" rating in a report on Monday, December 30th. National Bankshares raised their price target on shares of Capital Power from C$56.00 to C$65.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. ATB Capital raised their price target on shares of Capital Power from C$57.00 to C$63.00 and gave the company a "sector perform" rating in a report on Wednesday, December 18th. Scotiabank raised their price target on shares of Capital Power from C$66.00 to C$69.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Finally, Desjardins raised their price target on shares of Capital Power from C$66.00 to C$69.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Capital Power currently has a consensus rating of "Hold" and a consensus price target of C$63.33.
Read Our Latest Analysis on Capital Power
Capital Power Price Performance
The company has a debt-to-equity ratio of 133.46, a current ratio of 0.88 and a quick ratio of 0.55. The company's 50-day simple moving average is C$60.44 and its 200-day simple moving average is C$52.99. The company has a market cap of C$6.96 billion, a price-to-earnings ratio of 10.60, a P/E/G ratio of 0.91 and a beta of 0.64.
About Capital Power
(
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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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