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Why Is It Moving? Analyzing The Upward Movement in Atlantic Power's Stock Today

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The Price And Volume Action In Atlantic Power's Stock Today

Atlantic Power's (NYSE:AT) stock is trading up 39.52% to a price of $2.93. The stock's current volume for the day is 9.79 million, which is approximately 2030.62% of its previous 30-day average volume of 482.24 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Atlantic Power shares are trading higher after the company announced it will be acquired by I Squared Capital. Atlantic power shareholders will receive $3.03 per share.

Perspective On Recent Price Action

The stock's 50-day moving average was $2.05 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $2.54 and fallen to a low of $1.7.

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