Capital Power (OTCMKTS:CPXWF) Stock Price Up 0.5% – Here’s What Happened

Capital Power Co. (OTCMKTS:CPXWF)’s stock price shot up 0.5% during trading on Monday . The company traded as high as $37.70 and last traded at $37.70. 43,749 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 54,203 shares. The stock had previously closed at $37.50.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CPXWF. BMO Capital Markets upgraded Capital Power from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 22nd. TD Securities reaffirmed a “buy” rating on shares of Capital Power in a research report on Wednesday, April 23rd.

Capital Power Stock Up 0.5%

The stock’s fifty day simple moving average is $34.26 and its 200-day simple moving average is $38.50.

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.