TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Director Trevor Ebl acquired 1,470 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of C$67.85 per share, for a total transaction of C$99,732.15.
TC Energy Stock Performance
TSE TRP traded down C$0.92 during midday trading on Friday, hitting C$69.50. The company had a trading volume of 10,817,990 shares, compared to its average volume of 4,947,942. The firm has a fifty day simple moving average of C$66.45 and a two-hundred day simple moving average of C$65.79. TC Energy Co. has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.61. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The stock has a market cap of C$71.67 billion, a price-to-earnings ratio of 13.82, a P/E/G ratio of 1.69 and a beta of 0.82.
Analyst Ratings Changes
TRP has been the subject of a number of recent research reports. Jefferies Financial Group upped their price objective on shares of TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, February 18th. TD Securities set a C$73.00 price objective on TC Energy and gave the company a "buy" rating in a report on Wednesday, January 15th. CIBC boosted their target price on TC Energy from C$68.00 to C$70.00 and gave the stock a "neutral" rating in a report on Thursday, January 9th. Finally, Raymond James upgraded TC Energy to a "hold" rating in a report on Thursday, November 21st. Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$73.25.
Read Our Latest Stock Analysis on TC Energy
About TC Energy
(
Get Free Report)
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.
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