TransAlta Renewables (OTCMKTS:TRSWF) Trading Up 2.8% – Time to Buy?

TransAlta Renewables Inc. (OTCMKTS:TRSWFGet Free Report) shot up 2.8% during trading on Thursday . The stock traded as high as $9.21 and last traded at $9.15. 28,900 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 8,885 shares. The stock had previously closed at $8.90.

TransAlta Renewables Price Performance

The company has a 50 day simple moving average of $9.15 and a 200 day simple moving average of $9.15.

TransAlta Renewables Company Profile

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TransAlta Renewables Inc owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments.

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