Atlantic Power Corp. (AT) Trading Up 6.4%
Atlantic Power Corp. (NYSE:AT) was up 6.4% during trading on Thursday . The stock traded as high as $2.50 and last traded at $2.50, with a volume of 310,545 shares traded. The stock had previously closed at $2.35.
Several equities research analysts have commented on AT shares. National Bank Financial lowered shares of Atlantic Power Corp. from a “sector perform” rating to an “underperform” rating in a research report on Monday, May 9th. Zacks Investment Research upgraded shares of Atlantic Power Corp. from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a research report on Wednesday, April 27th.
The company has a 50 day moving average of $2.49 and a 200-day moving average of $2.29. The firm’s market cap is $301.71 million.
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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