Atlantic Power Corp (AT) Drops 7.35% on January 07

Equities Staff |

Atlantic Power Corp (AT) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 7.35% to $1.82, a loss of $-0.1441 per share. Starting at an opening price of $1.93 a share, the stock traded between $1.81 and $1.95 over the course of the trading day. Volume was 481,223 shares over 1,633 trades, against an average daily volume of 550,139 shares and a total float of 122.15 million.

The losses send Atlantic Power Corp down to a market cap of $221.81 million. In the last year, Atlantic Power Corp has traded between $3.34 and $1.57, and its 50-day SMA is currently $1.95 and 200-day SMA is $2.46.

The stock has a P/E Ratio of 28.2.

Atlantic Power Corp operates a fleet of power generation assets in the United States and Canada. Its power generation projects sell electricity to utilities and commercial customers.

Atlantic Power Corp is based out of Dedham, MA and has some 316 employees. Its CEO is James J. Moore.

For a complete fundamental analysis analysis of Atlantic Power Corp, check out Equities.com’s Stock Valuation Analysis report for AT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

NABUfit Global Inc

NABUfit Global Inc develops online fitness portal and a mobile app with the option of connecting existing and future monitoring devices (wearables etc.).

Private Markets

Mesa-Marshall 2 Well Project

MESA Resources ("MESA") is sponsoring the development of the two well direct drilling project -- "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development of…

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…