TC Energy Corporation (NYSE:TRP) currently has a daily average trading volume of 2.09M but it saw 1422766 shares traded in last market. With a market cap of 51.08B USD, the company’s current market price of $49.16 came rising about 1.74 while comparing to the previous closing price of $48.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.37 and as low as $31.84. In the recent trading on the day, stock has struck highest price mark of $48.015 while lowest mark touched by it was $49.33.
Taking a look at 20-day trading activity of TC Energy Corporation (TRP) gives us an average price of $46.02, while its current price level is -2.40% below from 52-week high level whereas it is 54.38% 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 $46.34 while that of 200 days or SMA-200 reads an average of $43.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that decreases to 2.04%. 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 72.74 which implies that the stock is in overbought territory.
Over the week, TRP’s stock price is moving 5.49% up while it is 7.10% when we observe its performance for the past one month. Year-to-date it is 5.65% up and over the past year, the stock is showing an upside performance of 33.95%.
The company is expected to be releasing its next quarterly report on 2025-Feb-13, for which analysts forecasted an EPS of 1.03 while estimate for next year EPS is 3.78. In next quarter, company is expected to be making quarterly sales of $3.48B as analysts are expecting the sales for current fiscal year at $14.99B and seeing the company making $15.96B in sales next year. Moreover, analysts are in estimates of $3.65B for current-quarter revenue.
Currently, TC Energy Corporation’s total number of outstanding shares is 1.04B with 0.04% of that held by the insiders while 75.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.75% and return on equity (ROE) at 16.85%. It has a price to earnings ratio (P/E ratio) of 15.19 while having a 17.12 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 2.93 while price to sale or P/S ratio amounts to 4.42. Its return on asset (ROA) is 3.96% on average.
