Talen Energy (TLN) Bonds Rise 1.1% During Trading

An issue of Talen Energy Corp (NYSE:TLN) bonds rose 1.1% against their face value during trading on Tuesday. The high-yield issue of debt has a 6.5% coupon and is set to mature on June 1, 2025. The bonds in the issue are now trading at $84.75 and were trading at $82.75 one week ago. Price moves in a company’s bonds in credit markets often predict parallel moves in its stock price.

Shares of Talen Energy Corp (NYSE TLN) remained flat at $$14.00 during mid-day trading on Thursday. The company’s stock had a trading volume of 1,496,800 shares, compared to its average volume of 1,373,765. The company has a current ratio of 2.02, a quick ratio of 1.70 and a debt-to-equity ratio of 0.85. Talen Energy Corp has a 12 month low of $5.73 and a 12 month high of $14.03.

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Talen Energy Company Profile

Talen Energy Corporation is a United States-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.

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