TC Energy Corporation (NYSE: TRP) Now -3.61% Off Its High ($48.25), Does Analysts See Headwinds And Risks?

TC Energy Corporation (NYSE:TRP) currently has a daily average trading volume of 2.79M but it saw 1311233 shares traded in last market. With a market cap of 67.07B USD, the company’s current market price of $46.51 came rising about 0.09 while comparing to the previous closing price of $46.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $48.25 and as low as $31.05. In the recent trading on the day, stock has struck highest price mark of $46.01 while lowest mark touched by it was $46.825.

Taking a look at 20-day trading activity of TC Energy Corporation (TRP) gives us an average price of $46.46, while its current price level is -3.61% below from 52-week high level whereas it is 49.79% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $44.01 while that of 200 days or SMA-200 reads an average of $37.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.47% during that period while stretching the period over a month that increases to 1.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.49 which implies that the stock is in neutral territory.

Over the week, TRP’s stock price is moving -1.02% down while it is 5.63% when we observe its performance for the past one month. Year-to-date it is 30.59% up and over the past year, the stock is showing an upside performance of 48.18%.

Currently, TC Energy Corporation’s total number of outstanding shares is 1.04B. Company’s return on investment (ROI) stands at 3.84% and return on equity (ROE) at 10.91%. It has a price to earnings ratio (P/E ratio) of 19.12 while having a 16.75 of forward P/E ratio. Stock’s beta reads 0.86. Stock has a price to book (P/B) ratio of 2.39 while price to sale or P/S ratio amounts to 5.80. Its return on asset (ROA) is 2.85% on average.