February 15, 2016 - 11:32 AM EST
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Calpine (CPN) is Trading Lower on Unusual Volume for February 15

Calpine (CPN) experienced unusually high volume on Feb. 15, as the stock lost 6.51% to a closing price of $12.35. The stock saw 12.24 million shares trade hands over the course of the day on 47,588 trades. Given that the stock’s average daily volume over the last month has been 6.12 million shares a day, this represents a pretty substantial spike over the norm.

Calpine has a P/B ratio of 1.4. It also has a P/E ratio of 10. The stock has traded between $23.51 and $11.53 over the last 52-weeks, its 50-day SMA is now $13.94, and its 200-day SMA $16.32.

Calpine Corp is a wholesale power producer. The Company owns and operates natural gas-fired and geothermal power plants in North America. It sells wholesale power, steam, capacity and ancillary services to utilities, independent electric system operators.

Headquartered in Houston, TX, Calpine has 2,052 employees and is currently under the leadership of CEO John B. (Thad) Hill.

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


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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.

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Source: Equities.com News (February 15, 2016 - 11:32 AM EST)

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