Atlantic Power Corporation (Canada) (AT) Soars 1.69%

Atlantic Power Corporation (Canada) (AT) Soars 1.69%

Atlantic Power Corporation (Canada) (AT) had a good day on the market for Wednesday January 20 as shares jumped 1.69% to close at $3.01. About 7.49 million shares traded hands on 12,793 trades for the day, compared with an average daily volume of n/a shares out of a total float of 89.22 million. After opening the trading day at $2.96, shares of Atlantic Power Corporation (Canada) stayed within a range of $3.06 to $2.95.

With today’s gains, Atlantic Power Corporation (Canada) now has a market cap of $268.56 million. Shares of Atlantic Power Corporation (Canada) have been trading within a range of $3.00 and $1.71 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.

Atlantic Power Corporation (Canada) is based out of Dedham, MA and has some 266 employees. Its CEO is James J. Moore.

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