Capital Power (OTCMKTS:CPXWF – Get Free Report) is expected to post its results before the market opens on Wednesday, April 29th. Analysts expect Capital Power to post earnings of $0.3821 per share and revenue of $807.9610 million for the quarter.
Capital Power Trading Down 4.2%
Shares of CPXWF stock opened at $46.67 on Wednesday. The business’s 50 day moving average is $46.70 and its two-hundred day moving average is $45.97. Capital Power has a twelve month low of $34.08 and a twelve month high of $52.82.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a research note on Thursday, April 16th. Desjardins reiterated a “buy” rating on shares of Capital Power in a research note on Thursday, January 8th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Capital Power currently has a consensus rating of “Moderate Buy”.
About Capital Power
Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.
Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.
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