Talen Energy (OTCMKTS:TLNE) Sets New 1-Year High at $104.99

Talen Energy Co. (OTCMKTS:TLNE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $104.99 and last traded at $104.10, with a volume of 548358 shares trading hands. The stock had previously closed at $101.25.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TLNE shares. Wolfe Research assumed coverage on shares of Talen Energy in a research report on Friday, February 16th. They set an “outperform” rating and a $81.00 target price for the company. BWS Financial boosted their price objective on shares of Talen Energy from $96.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, March 28th.

Talen Energy Trading Up 2.8 %

The firm has a 50 day moving average of $90.24. The company has a quick ratio of 2.43, a current ratio of 3.20 and a debt-to-equity ratio of 1.11.

Talen Energy (OTCMKTS:TLNE) last issued its earnings results on Thursday, March 14th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.34. The company had revenue of $527.00 million during the quarter, compared to the consensus estimate of $507.00 million. On average, analysts anticipate that Talen Energy Co. will post 2.08 earnings per share for the current fiscal year.

Talen Energy Company Profile

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.