For the readers interested in the stock health of TC Energy Corporation (TRP). It is currently valued at $47.35. When the transactions were called off in the previous session, Stock hit the highs of $47.60, after setting-off with the price of $47.15. Company’s stock value dipped to $46.98 during the trading on the day. When the trading was stopped its value was $47.00.
Recently in News on April 12, 2021, Media Advisory – TC Energy announces issuance of renewable energy Request for Information. TC Energy Corporation (TSE, NYSE: TRP) (TC Energy or the Company) announced today that it is seeking, through the issuance of a Request for Information (RFI), to identify potential contract and/or investment opportunities in wind energy projects that could generate up to 2,500,000 megawatt hours per year or 620 megawatts of zero-carbon energy to meet the electricity needs for a portion of its pipeline assets along its U.S. corridor. You can read further details here
TC Energy Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $48.07 on 03/26/21, with the lowest value was $40.17 for the same time period, recorded on 01/04/21.
TC Energy Corporation (TRP) full year performance was -1.31%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, TC Energy Corporation shares are logging -5.21% during the 52-week period from high price, and 22.04% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $38.80 and $49.95.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 2835216 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the TC Energy Corporation (TRP) recorded performance in the market was 16.28%, having the revenues showcasing 11.65% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 46.59B, as it employees total of 7283 workers.
Market experts do have their say about TC Energy Corporation (TRP)
During the last month, 14 analysts gave the TC Energy Corporation a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 44.33, with a change in the price was noted +4.31. In a similar fashion, TC Energy Corporation posted a movement of +10.01% for the period of last 100 days, recording 2,401,920 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TRP is recording 1.81 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.58.
Technical breakdown of TC Energy Corporation (TRP)
Raw Stochastic average of TC Energy Corporation in the period of last 50 days is set at 88.35%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.77%. In the last 20 days, the company’s Stochastic %K was 67.74% and its Stochastic %D was recorded 64.12%.
Bearing in mind the latest performance of TC Energy Corporation, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 16.28%. Additionally, trading for the stock in the period of the last six months notably improved by 9.20%, alongside a downfall of -1.31% for the period of the last 12 months. The shares increased approximately by 0.40% in the 7-day charts and went down by 0.45% in the period of the last 30 days. Common stock shares were driven by 11.65% during last recorded quarter.