Capital Power (OTCMKTS:CPXWF) Trading Up 0.2% – Time to Buy?

Shares of Capital Power Co. (OTCMKTS:CPXWF) traded up 0.2% during mid-day trading on Friday . The company traded as high as $45.20 and last traded at $45.07. 49,116 shares were traded during trading, an increase of 12% from the average session volume of 43,851 shares. The stock had previously closed at $45.00.

Analysts Set New Price Targets

CPXWF has been the topic of several research analyst reports. CIBC reissued an “outperform” rating on shares of Capital Power in a research note on Monday, October 20th. Scotiabank reiterated an “outperform” rating on shares of Capital Power in a research report on Monday, October 6th. TD Securities reissued a “buy” rating on shares of Capital Power in a report on Thursday, October 30th. Evercore ISI started coverage on Capital Power in a research note on Monday, October 6th. They set an “outperform” rating for the company. Finally, National Bankshares reiterated an “outperform” rating on shares of Capital Power in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Capital Power Trading Up 0.2%

The firm has a 50-day simple moving average of $47.79 and a two-hundred day simple moving average of $44.22.

Capital Power Company Profile

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.