An issue of Talen Energy Corp (NYSE:TLN) bonds fell 6.1% against their face value during trading on Wednesday. The debt issue has a 6.5% coupon and is set to mature on June 1, 2025. The bonds in the issue are now trading at $71.25 and were trading at $78.00 one week ago. Price changes in a company’s bonds in credit markets often predict parallel changes in its share price.
Talen Energy stock remained flat at $$14.00 on Wednesday. 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 debt-to-equity ratio of 0.85, a quick ratio of 1.70 and a current ratio of 2.02. Talen Energy Corp has a 1 year low of $5.73 and a 1 year high of $14.03.