TC Energy Co. (TSE:TRP) Senior Officer Sells C$3,206,915.98 in Stock

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Senior Officer Dawn Elizabeth De Lima sold 50,685 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$63.27, for a total transaction of C$3,206,915.98.

TC Energy Stock Performance

TSE TRP traded up C$0.88 on Monday, hitting C$65.63. 791,240 shares of the company's stock were exchanged, compared to its average volume of 4,184,592. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The firm's 50-day moving average price is C$66.55 and its two-hundred day moving average price is C$65.20. The firm has a market cap of C$67.68 billion, a price-to-earnings ratio of 13.05, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy Co. has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.32.

Analysts Set New Price Targets

Several analysts have recently commented on TRP shares. Jefferies Financial Group increased their price objective on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. BMO Capital Markets increased their price target on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. Veritas upgraded TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. National Bankshares increased their price objective on shares of TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. Finally, Raymond James upgraded shares of TC Energy to a "hold" rating in a research note on Thursday, November 21st. Six analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$73.25.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.