Research Initiated on Utilities Stocks Algonquin Power and Utilities, TransAlta, Alterra Power, and Atlantic Power

LONDON, UK / ACCESSWIRE / July 31, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Utilities – Independent Power Producers industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Algonquin Power & Utilities, TransAlta, Alterra Power, and Atlantic Power. Register for these free reports at:

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At the close of the Canadian markets on Friday, July 28, 2017, the Toronto Exchange Composite index ended the trading session at 15,128.65, 0.41% lower from its previous closing price.

The Utilities Index was also in the red, closing the day at 248.39, down 0.33%.

Pro-Trader Daily’s complimentary research reports on the following stocks are now available: Algonquin Power & Utilities Corporation (TSX: AQN), TransAlta Corporation (TSX: TA), Alterra Power Corporation (TSX: AXY), and Atlantic Power Corporation (TSX: ATP). Sign up now for your free membership and research reports at:

http://protraderdaily.com/register/

Algonquin Power & Utilities Corp.

Oakville, Canada headquartered Algonquin Power & Utilities Corp.’s stock edged 0.68% higher, to finish Friday’s session at $13.40 with a total volume of 630,494 shares traded. Over the last three months and the previous one year, Algonquin Power & Utilities’ shares have gained 3.32% and 10.11%, respectively. The Company’s shares are trading above its 200-day moving average. Algonquin Power & Utilities’ 50-day moving average of $13.55 is above its 200-day moving average of $12.81. Shares of the Company, which through its subsidiaries, engages in the generation, transmission, and distribution of utility assets in North America, are trading at a PE ratio of 68.72. See our research report on AQN.TO at:

http://protraderdaily.com/optin/?symbol=AQN

TransAlta Corp.

On Friday, shares in Calgary, Canada headquartered TransAlta Corp. recorded a trading volume of 331,557 shares. The stock ended the day 0.87% higher at $8.13. TransAlta’s stock has gained 15.98% in the last three months and 33.72% in the previous one year. The Company’s shares are trading above its 50-day and 200-day moving averages. The company stock’s 50-day moving average of $8.00 is above its 200-day moving average of $7.59. Shares of the Company, which operates as non-regulated electricity generation and energy marketing company in Canada, the US, and Western Australia, are trading at a PE ratio of 42.57. The complimentary research report on TA.TO at:

http://protraderdaily.com/optin/?symbol=TA

Alterra Power Corp.

On Friday, shares in Alterra Power Corp. ended the session 5.13% higher at $5.94 with a total volume of 19,128 shares traded. Alterra Power’s shares have gained 4.21% in the last one month and 25.85% in the previous three months. Shares of the Company, which through its subsidiary companies, operates, develops, explores and acquires renewable power projects, are trading above its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $5.74 is greater than its 200-day moving average of $5.21. Register for free and access the latest research report on AXY.TO at:

http://protraderdaily.com/optin/?symbol=AXY

Atlantic Power Corp.

Dedham, Massachusetts headquartered Atlantic Power Corp.’s stock closed the day 0.68% lower at $2.94. The stock recorded a trading volume of 73,118 shares, which was above its three months average volume of 50,230 shares. Shares of the Company, which owns and operates a fleet of power generation assets in the US and Canada, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $3.25 is greater than its 50-day moving average of $3.10. Get free access to your research report on ATP.TO at:

http://protraderdaily.com/optin/?symbol=ATP

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