Insider Selling: TC Energy Co. (TSE:TRP) Senior Officer Sells 64,802 Shares of Stock

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Senior Officer Dawn Elizabeth De Lima sold 64,802 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$69.16, for a total value of C$4,481,913.69.

Dawn Elizabeth De Lima also recently made the following trade(s):

• On Wednesday, February 26th, Dawn Elizabeth De Lima sold 50,685 shares of TC Energy stock. The shares were sold at an average price of C$63.27, for a total value of C$3,206,915.98.

TC Energy Stock Down 1.3 %

Shares of 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. TC Energy Co. has a 1 year low of C$43.83 and a 1 year high of C$70.61. The firm has a market capitalization of C$71.67 billion, a P/E ratio of 13.82, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31. The company's 50-day simple moving average is C$66.49 and its 200-day simple moving average is C$65.88.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TRP shares. Veritas upgraded shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, February 18th. BMO Capital Markets increased their price objective on shares of TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. CIBC boosted their target price on TC Energy from C$68.00 to C$70.00 and gave the company a "neutral" rating in a research report on Thursday, January 9th. Royal Bank of Canada raised their price target on TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. Finally, US Capital Advisors upgraded TC Energy from a "hold" rating to a "moderate buy" rating in a report on Monday, February 3rd. Six research 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$73.25.

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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.