LONDON, UK / ACCESSWIRE / June 19, 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: Brookfield Renewable Partners, TransAlta Renewables, Boralex, and Northland Power. Register for these free reports at:
At the close of the Canadian markets on Friday, June 16, 2017, the Toronto Exchange Composite index ended the trading session at 15,192.54, 0.21% higher from its previous closing price.
The Utilities Index was also in the black, closing the day at 255.87, up 0.60%.
Pro-Trader Daily’s complimentary research reports on the following stocks are now available: Brookfield Renewable Partners L.P. (TSX: BEP-UN), TransAlta Renewables Inc. (TSX: RNW), Boralex Inc. (TSX: BLX), and Northland Power Inc. (TSX: NPI). Sign up now for your free membership and research reports at:
Brookfield Renewable Partners L.P.
Hamilton, Bermuda headquartered Brookfield Renewable Partners L.P.’s stock advanced 3.01%, to finish Friday’s session at $44.48 with a total volume of 503,653 shares traded. Over the last one month and the previous three months, Brookfield Renewable Partners’ shares have advanced 2.46% and 15.89%, respectively. Furthermore, the stock has gained 24.77% in the past one year. Shares of the Company, which owns a portfolio of renewable power generating facilities, are trading above its 50-day and 200-day moving averages. Brookfield Renewable Partners’ 50-day moving average of $42.84 is above its 200-day moving average of $40.12. See our research report on BEP-UN.TO at:
TransAlta Renewables Inc.
On Friday, shares in Calgary, Canada headquartered TransAlta Renewables Inc. recorded a trading volume of 1.10 million shares, which was higher than their three months average volume of 205,476 shares. The stock ended the day 1.02% lower at $15.60. TransAlta Renewables’ stock has gained 0.53% in the last one month and 32.74% in the previous one year. The Company’s shares are trading above its 200-day moving average. The stock’s 50-day moving average of $15.72 is above its 200-day moving average of $15.12. Shares of the Company, which develops, owns, and operates renewable power generation facilities, are trading at a PE ratio of 57.14. The complimentary research report on RNW.TO at:
On Friday, shares in Kingsey Falls, Canada headquartered Boralex Inc. ended the session 2.12% higher at $22.67 with a total volume of 355,483 shares traded. Boralex’s shares have gained 4.84% in the last one month and 9.99% in the previous three months. Furthermore, the stock has surged 25.09% in the past one year. Shares of the Company, which together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the US, are trading above its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $22.05 is greater than its 200-day moving average of $20.37. Register for free and access the latest research report on BLX.TO at:
Northland Power Inc.
Toronto, Canada headquartered Northland Power Inc.’s stock closed the day 0.30% higher at $23.20. The stock recorded a trading volume of 323,036 shares, which was above its three months average volume of 262,971 shares. Northland Power’s shares have gained 10.71% in the previous one year. The Company’s shares are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $23.81 is greater than its 50-day moving average of $23.45. Shares of Northland Power, which develops, builds, owns, and operates power generation projects primarily in Canada and Europe, are trading at a PE ratio of 18.59. Get free access to your research report on NPI.TO at:
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SOURCE: Pro-Trader Daily