Katharine Berghuis Stevenson Purchases 2,000 Shares of Capital Power Corp (CPX) Stock

Capital Power Corp (TSE:CPX) Director Katharine Berghuis Stevenson acquired 2,000 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was bought at an average cost of C$23.40 per share, with a total value of C$46,800.00.

Capital Power Corp (TSE CPX) traded down C$0.17 during midday trading on Monday, reaching C$23.40. The company had a trading volume of 203,141 shares, compared to its average volume of 234,144. The firm has a market cap of $2,460.00, a PE ratio of 15.29 and a beta of 0.41. Capital Power Corp has a 12 month low of C$23.26 and a 12 month high of C$26.51.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be issued a $0.417 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.67 dividend on an annualized basis and a yield of 7.13%. Capital Power’s payout ratio is 103.76%.

CPX has been the subject of several analyst reports. National Bank Financial boosted their price objective on Capital Power from C$33.00 to C$34.00 and gave the company an “outperform” rating in a report on Thursday, December 14th. BMO Capital Markets reissued an “outperform” rating and issued a C$28.00 price objective on shares of Capital Power in a report on Friday, December 15th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$28.29.

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About Capital Power

Capital Power Corporation is a North American power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, New Mexico and Kansas.

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