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Capital Power Corporation Cumulative Rate Reset Preference Shares Series 5 drops 1.1% on high volatility February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets


Capital Power Corporation (TSX:CPX.PR.E), Canada's 26th largest Utilities - regulated company by market cap, traded between an intraday low of CAD19.50 and a high of CAD19.80, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 1.2% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 1.5% was 1.2 times the a...