TransAlta Renewables (OTCMKTS:TRSWF) Stock Price Up 2.8% – Time to Buy?

TransAlta Renewables Inc. (OTCMKTS:TRSWFGet Free Report) shares traded up 2.8% on Wednesday . The company traded as high as $9.21 and last traded at $9.15. 28,900 shares changed hands during trading, an increase of 225% from the average session volume of 8,885 shares. The stock had previously closed at $8.90.

TransAlta Renewables Stock Up 2.8%

The firm’s fifty day moving average price is $9.15 and its 200 day moving average price is $9.15.

About TransAlta Renewables

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TransAlta Renewables Inc (OTCMKTS:TRSWF) is a Calgary-based renewable energy company established in December 2013 as a spin-off from TransAlta Corporation. The company specializes in owning, operating and acquiring clean power generation assets, with a focus on sustainable energy solutions. Since its inception, TransAlta Renewables has aimed to build a diversified portfolio that supports long-term contracted revenues and reliable power delivery.

The company’s asset base comprises wind farms, hydroelectric stations and gas-fired peaking facilities.

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