Atlantic Power Corp. (AT) Stock Price Up 6.4%
Shares of Atlantic Power Corp. (NYSE:AT) rose 6.4% on Thursday . The company traded as high as $2.50 and last traded at $2.50, with a volume of 310,545 shares. The stock had previously closed at $2.35.
AT has been the subject of several analyst reports. Zacks Investment Research upgraded Atlantic Power Corp. from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a report on Wednesday, April 27th. National Bank Financial downgraded Atlantic Power Corp. from a “sector perform” rating to an “underperform” rating in a research report on Monday, May 9th.
The stock’s market cap is $301.71 million. The stock’s 50-day moving average is $2.49 and its 200-day moving average is $2.28.
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate.
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