Simple Moving Averages (SMAs)

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TLN Stock Trades Above 50 & 200-Day SMAs: How to Play It Now?
ZACKSยท 2025-10-15 18:01
Core Insights - Talen Energy Corporation (TLN) is experiencing a bullish trend, trading above its 50-day and 200-day simple moving averages (SMAs) [1][8] - TLN shares have increased by 158.7% over the past year, outperforming the Zacks Alternative Energy - Other industry and the S&P 500 [6][24] Performance Metrics - Talen Energy's return on invested capital (ROIC) stands at 9.27%, significantly higher than the industry average of 1.85% [19] - The company is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 22.83X, which is lower than the industry average of 23.88X [21] Growth Drivers - Talen Energy owns and operates 10.7 gigawatts (GW) of power generation assets, with plans to increase capacity to 14 GW through acquisitions [11][12] - A long-term power purchase agreement with Amazon will supply up to 1,920 megawatts of nuclear power through 2042, providing stable revenue and reducing market exposure [13][14] Shareholder Value - The company has repurchased nearly 14 million shares under a $1 billion repurchase authorization since the beginning of 2024, aiming for annual repurchases of approximately $500 million [23]